CORNERWAYS, ALFOLD ROAD, CRANLEIGH, GU6 8NB - £405,000

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.

CORNERWAYS is a very small extended detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £480,887. It was last sold for £405,000 in September 2019, which was around 48% below the average September 2019 detached price in the Waverley local authority area. The most recent EPC inspection was August 2015, where the current energy rating was E, and the potential energy rating was B.

CORNERWAYS Sold Prices

Land registry data shows four sales for CORNERWAYS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Waverley local authority area for the corresponding sale date. All of the four CORNERWAYS sales were for below 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 3 SEP	£405,000	£778,832	48% below HPI
2019 31 JUL	£415,000	£779,764	47% below HPI
2001 24 AUG	£162,500	£347,143	53% below HPI
1999 8 SEP	£134,000	£268,939	50% below HPI

CORNERWAYS 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 four CORNERWAYS sales between September 1999 and September 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 July 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might CORNERWAYS be worth now?

CORNERWAYS might now be worth an estimated £480,887.

This is based on house price inflation of 18.7%, between September 2019 and March 2025, 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 18.7% inflationary increase is applied to the most recent sale price for CORNERWAYS of £405,000 on 3rd September 2019. For the value to have increased from £405,000 to £480,887 over the six years and six months to March 2025, the following assumptions must hold true:

• The value of CORNERWAYS has moved in line with the HPI for detached houses in the Waverley local authority area.
• The September 2019 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of CORNERWAYS has not materially changed since September 2019.

How Large is CORNERWAYS?

CORNERWAYS is 85m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% 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 CORNERWAYS lies on this distribution: 6% of detached houses houses are smaller than CORNERWAYS, and 94% of houses are larger. Note that EPC data is not available for all properties in Cranleigh.

CORNERWAYS: Plot and Title Map

CORNERWAYS sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of CORNERWAYS, 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 CORNERWAYS). 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 CORNERWAYS?

CORNERWAYS is located on ALFOLD ROAD in CRANLEIGH, in the GU6 postcode district. The below map shows the position of CORNERWAYS on ALFOLD ROAD.