5, MADEIRA WALK, REIGATE, RH2 0JU - £947,000

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

5 MADEIRA WALK is a small extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £947,000 in November 2022, which was around 5% above the average November 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

5 MADEIRA WALK Sold Prices

Land registry data shows three sales for 5 MADEIRA 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 5 MADEIRA 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
2022 29 NOV	£947,000	£905,130	5% above HPI
2003 13 NOV	£325,000	£391,382	17% below HPI
2002 19 JUN	£220,500	£342,226	36% below HPI

5 MADEIRA 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 5 MADEIRA WALK sales between June 2002 and November 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 November 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2022 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 5 MADEIRA WALK?

5 MADEIRA WALK is 122m², which includes three extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 5 MADEIRA WALK lies on this distribution: 23% of detached houses are smaller than 5 MADEIRA WALK, and 77% of houses are larger. Note that EPC data is not available for all properties in Reigate.

5 MADEIRA WALK: Plot and Title Map

5 MADEIRA WALK sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 5 MADEIRA 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 5 MADEIRA 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 5 MADEIRA WALK?

5 MADEIRA WALK is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 5 on MADEIRA WALK.