8, MADEIRA WALK, REIGATE, RH2 0JU - £163,500

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

8 MADEIRA WALK is a very small extended detached house of 91m², built sometime between 1930 and 1949. It was last sold for £163,500 in March 1999, which was around 22% below the average March 1999 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

8 MADEIRA WALK Sold Prices

Land registry data shows two sales for 8 MADEIRA 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 8 MADEIRA WALK 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
1999 5 MAR	£163,500	£210,303	22% below HPI
1997 23 JUL	£133,000	£176,211	25% below HPI

8 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 two 8 MADEIRA WALK sales from July 1997 and March 1999 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 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the March 1999 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 MADEIRA WALK?

8 MADEIRA WALK is 91m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 10% of detached houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses by size in Reigate, and where 8 MADEIRA WALK lies on this distribution: 7% of detached houses are smaller than 8 MADEIRA WALK, and 93% of houses are larger. Note that EPC data is not available for all properties in Reigate.

8 MADEIRA WALK: Plot and Title Map

8 MADEIRA WALK sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 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 8 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 8 MADEIRA WALK?

8 MADEIRA WALK is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 8 on MADEIRA WALK.