4, MEAD CLOSE, CRANLEIGH, GU6 7BH - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MEAD CLOSE is a large detached house of 151m², built sometime between 1991 and 1995, which could now be worth an estimated £803,340. It was last sold for £675,000 in March 2019, which was around 13% below the average March 2019 detached price in the Waverley local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

4 MEAD CLOSE Sold Prices

Land registry data shows two sales for 4 MEAD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. One of the two 4 MEAD CLOSE sales was for below the average price, whilst the other was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 27 MAR	£675,000	£779,899	13% below HPI
2002 27 NOV	£460,000	£406,930	13% above HPI

4 MEAD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Waverley local authority area over time, sourced from the HPI. The two 4 MEAD CLOSE sales from November 2002 and March 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 MEAD CLOSE be worth now?

4 MEAD CLOSE might now be worth an estimated £803,340.

This is based on house price inflation of 19%, between March 2019 and July 2026, for detached houses, in the Waverley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19% inflationary increase is applied to the most recent sale price for 4 MEAD CLOSE of £675,000 on 27th March 2019. For the value to have increased from £675,000 to £803,340 over the six years and eight months to July 2026, the following assumptions must hold true:

• The value of 4 MEAD CLOSE has moved in line with the HPI for detached houses in the Waverley local authority area.
• The March 2019 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MEAD CLOSE has not materially changed since March 2019.

How Large is 4 MEAD CLOSE?

4 MEAD CLOSE is 151m² according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses houses in Cranleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cranleigh, and where 4 MEAD CLOSE lies on this distribution: 63% of detached houses houses are smaller than 4 MEAD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

4 MEAD CLOSE: Plot and Title Map

4 MEAD CLOSE sits on a plot of roughly 0.169 of an acre, or 682m². The below map shows the location of 4 MEAD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 MEAD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 MEAD CLOSE?

4 MEAD CLOSE is located in CRANLEIGH, in the GU6 postcode district. The below map shows the position of No. 4 on MEAD CLOSE.