7, MADEIRA WALK, REIGATE, RH2 0JU - £465,000

7 MADEIRA WALK is a small detached house of 122m², built sometime between 1967 and 1975. It was last sold for £465,000 in October 2012, which was around 12% below the average October 2012 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

7 MADEIRA WALK Sold Prices

Land registry data shows three sales for 7 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. Two of the three 7 MADEIRA WALK sales were for below the average price, whilst one was 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
2012 8 OCT	£465,000	£529,520	12% below HPI
2004 20 AUG	£435,000	£414,966	5% above HPI
1995 23 JUN	£108,000	£145,181	26% below HPI

7 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 7 MADEIRA WALK sales between June 1995 and October 2012 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 August 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2012 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 MADEIRA WALK?

7 MADEIRA WALK is 122m² according to the EPC inspection conducted in April 2011. 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 7 MADEIRA WALK lies on this distribution: 24% of detached houses are smaller than 7 MADEIRA WALK, and 76% of houses are larger. Note that EPC data is not available for all properties in Reigate.

7 MADEIRA WALK: Plot and Title Map

7 MADEIRA WALK sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 7 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 7 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 7 MADEIRA WALK?

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