7, ALMA ROAD, REIGATE, RH2 0DB - £1,500,000

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

7 ALMA ROAD is a large extended detached house of 210m², built sometime between 1950 and 1966. It was last sold for £1,500,000 in January 2023, which was around 70% above the average January 2023 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

7 ALMA ROAD Sold Prices

Land registry data shows two sales for 7 ALMA ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 7 ALMA ROAD 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
2023 20 JAN	£1,500,000	£881,676	70% above HPI
2002 19 JUL	£425,000	£344,098	24% above HPI

7 ALMA ROAD 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 two 7 ALMA ROAD sales from July 2002 and January 2023 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 2002 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2023 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is 7 ALMA ROAD?

7 ALMA ROAD is 210m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 7 ALMA ROAD lies on this distribution: 75% of detached houses are smaller than 7 ALMA ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Reigate.

7 ALMA ROAD: Plot and Title Map

7 ALMA ROAD sits on a plot of roughly 0.247 of an acre, or 999m². The below map shows the location of 7 ALMA ROAD, 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 7 ALMA ROAD). 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 7 ALMA ROAD?

7 ALMA ROAD is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 7 on ALMA ROAD.