7, MONKS WALK, REIGATE, RH2 0SS - £480,000

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 MONKS WALK is a large extended detached house of 192m², built sometime between 1950 and 1966. It was last sold for £480,000 in November 2003, which was around 23% above the average November 2003 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

7 MONKS WALK Sold Prices

Land registry data shows two sales for 7 MONKS WALK 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 MONKS WALK 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
2003 21 NOV	£480,000	£391,382	23% above HPI
1998 15 JUL	£271,000	£204,770	32% above HPI

7 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 two 7 MONKS WALK sales from July 1998 and November 2003 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 1998 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2003 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 7 MONKS WALK?

7 MONKS WALK is 192m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 40% 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 MONKS WALK lies on this distribution: 67% of detached houses are smaller than 7 MONKS WALK, and 33% of houses are larger. Note that EPC data is not available for all properties in Reigate.

7 MONKS WALK: Plot and Title Map

7 MONKS WALK sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 7 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 7 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 7 MONKS WALK?

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