FLAT 18, WELLINGTONIA PLACE, 42, REIGATE HILL, REIGATE, RH2 9NG - £72,000

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

FLAT 18 WELLINGTONIA PLACE is a very small detached house of 79m², built sometime between 1996 and 2002. It was last sold for £72,000 in December 2008, which was around 84% below the average December 2008 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

FLAT 18 WELLINGTONIA PLACE Sold Prices

Land registry data shows two sales for FLAT 18 WELLINGTONIA PLACE 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 FLAT 18 WELLINGTONIA PLACE 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
2008 12 DEC	£72,000	£447,025	84% below HPI
2007 27 JUN	£275,000	£482,761	43% below HPI

FLAT 18 WELLINGTONIA PLACE 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 FLAT 18 WELLINGTONIA PLACE sales from June 2007 and December 2008 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 June 2007 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2008 sale, where it falls to 84% below the HPI. The line then continues to track at 84% below the HPI.

How Large is FLAT 18 WELLINGTONIA PLACE?

FLAT 18 WELLINGTONIA PLACE is 79m² according to the EPC inspection conducted in November 2019. 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 FLAT 18 WELLINGTONIA PLACE lies on this distribution: 3% of detached houses are smaller than FLAT 18 WELLINGTONIA PLACE, and 97% of houses are larger. Note that EPC data is not available for all properties in Reigate.

FLAT 18 WELLINGTONIA PLACE: Plot and Title Map

FLAT 18 WELLINGTONIA PLACE sits on a plot of roughly 0.531 of an acre, or 2,150m². The below map shows the location of FLAT 18 WELLINGTONIA PLACE, 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 FLAT 18 WELLINGTONIA PLACE). 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 FLAT 18 WELLINGTONIA PLACE?

FLAT 18, WELLINGTONIA PLACE is located on REIGATE HILL in REIGATE, in the RH2 postcode district. The below map shows the position of FLAT 18, WELLINGTONIA PLACE on REIGATE HILL.