40A, CHERRY TREE LANE, EWHURST, CRANLEIGH, GU6 7GG - £422,500

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.

40A CHERRY TREE LANE is a very small terraced house of 78m², built in 2021, which could now be worth an estimated £446,992. It was last sold for £422,500 in June 2022, which was around 3% above the average June 2022 terraced price in the Waverley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

40A CHERRY TREE LANE Sold Prices

Land registry data shows three sales for 40A CHERRY TREE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Waverley local authority area for the corresponding sale date. All of the three 40A CHERRY TREE LANE sales were 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
2022 21 JUN	£422,500	£408,317	3% above HPI
2017 31 OCT	£2,444,500	£358,985	581% above HPI
1995 18 SEP	£246,000	£70,227	250% above HPI

40A CHERRY TREE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Waverley local authority area over time, sourced from the HPI. The three 40A CHERRY TREE LANE sales between September 1995 and June 2022 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 October 2017 sale was for 581% above the HPI. So the extrapolation line tracks at 581% above the HPI over time, until the June 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 40A CHERRY TREE LANE be worth now?

40A CHERRY TREE LANE might now be worth an estimated £446,992.

This is based on house price inflation of 5.8%, between June 2022 and May 2026, for terraced 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 5.8% inflationary increase is applied to the most recent sale price for 40A CHERRY TREE LANE of £422,500 on 21st June 2022. For the value to have increased from £422,500 to £446,992 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 40A CHERRY TREE LANE has moved in line with the HPI for terraced houses in the Waverley local authority area.
• The June 2022 sale price of £422,500 represented a fair market value for the property.
• The size, condition, and specification of 40A CHERRY TREE LANE has not materially changed since June 2022.

How Large is 40A CHERRY TREE LANE?

40A CHERRY TREE LANE is 78m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of terraced houses houses in Ewhurst, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ewhurst, and where 40A CHERRY TREE LANE lies on this distribution: 7% of terraced houses houses are smaller than 40A CHERRY TREE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ewhurst.

40A CHERRY TREE LANE: Plot and Title Map

40A CHERRY TREE LANE sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 40A CHERRY TREE LANE, 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 40A CHERRY TREE LANE). 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 40A CHERRY TREE LANE?

40A CHERRY TREE LANE is located in EWHURST, in the GU6 postcode district. The below map shows the position of No. 40A on CHERRY TREE LANE.