3, MONKS WALK, REIGATE, RH2 0SS - £635,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 MONKS WALK is a very small detached house of 114m², built sometime between 1930 and 1949. It was last sold for £635,000 in March 2010, which was around 32% above the average March 2010 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was D.

3 MONKS WALK Sold Prices

Land registry data shows three sales for 3 MONKS WALK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. One of the three 3 MONKS WALK sales was for above the average price, whilst two 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
2010 24 MAR	£635,000	£482,443	32% above HPI
2001 7 DEC	£273,000	£320,979	15% below HPI
1997 31 JUL	£165,000	£176,211	6% below HPI

3 MONKS WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 3 MONKS WALK sales between July 1997 and March 2010 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 December 2001 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the March 2010 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 3 MONKS WALK?

3 MONKS WALK is 114m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 3 MONKS WALK lies on this distribution: 18% of detached houses are smaller than 3 MONKS WALK, and 82% of houses are larger. Note that EPC data is not available for all properties in Reigate.

3 MONKS WALK: Plot and Title Map

3 MONKS WALK sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 MONKS WALK, 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 3 MONKS WALK). 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 3 MONKS WALK?

3 MONKS WALK is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 3 on MONKS WALK.