4, MILLWAY, REIGATE, RH2 0RH - £653,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 MILLWAY is a very large extended semi-detached house of 140m², built sometime between 1950 and 1966, which could now be worth an estimated £814,340. It was last sold for £653,000 in December 2017, which was around 46% above the average December 2017 semi-detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was C.

4 MILLWAY Sold Prices

Land registry data shows one sale for 4 MILLWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 7 DEC	£653,000	£446,371	46% above HPI

What might 4 MILLWAY be worth now?

4 MILLWAY might now be worth an estimated £814,340.

This is based on house price inflation of 24.7%, between December 2017 and April 2026, for semi-detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.7% inflationary increase is applied to the most recent sale price for 4 MILLWAY of £653,000 on 7th December 2017. For the value to have increased from £653,000 to £814,340 over the nine years and eight months to April 2026, the following assumptions must hold true:

• The value of 4 MILLWAY has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The December 2017 sale price of £653,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MILLWAY has not materially changed since December 2017.

How Large is 4 MILLWAY?

4 MILLWAY is 140m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of semi-detached houses in Reigate, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Reigate, and where 4 MILLWAY lies on this distribution: 83% of semi-detached houses are smaller than 4 MILLWAY, and 16% of semi-detached houses are larger. Note that EPC data is not available for all properties in Reigate.

4 MILLWAY: Plot

4 MILLWAY sits on a plot of roughly 0.103 of an acre, or 418m².

Where is 4 MILLWAY?

4 MILLWAY is located in REIGATE, in the RH2 postcode district.