18, SMITHY LANE, LOWER KINGSWOOD, TADWORTH, KT20 6TT - £520,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

18 SMITHY LANE is a very small extended semi-detached house of 88m², built sometime between 1930 and 1949. It was last sold for £520,000 in January 2022, which was around 38% below the average January 2022 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was C.

18 SMITHY LANE Sold Prices

Land registry data shows five sales for 18 SMITHY LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five 18 SMITHY LANE 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
2022 14 JAN	£520,000	£837,097	38% below HPI
2012 31 MAY	£310,000	£501,698	38% below HPI
2003 7 NOV	£247,500	£391,382	37% below HPI
1999 19 AUG	£155,000	£230,372	33% below HPI
1997 24 JUL	£123,250	£176,211	30% below HPI

18 SMITHY LANE 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 five 18 SMITHY LANE sales between July 1997 and January 2022 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 May 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2022 sale, which was also at 38% below the HPI.

How Large is 18 SMITHY LANE?

18 SMITHY LANE is 88m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses in Lower Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Kingswood, and where 18 SMITHY LANE lies on this distribution: 7% of detached houses are smaller than 18 SMITHY LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.

18 SMITHY LANE: Plot and Title Map

18 SMITHY LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 18 SMITHY LANE, 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 18 SMITHY LANE). 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 18 SMITHY LANE?

18 SMITHY LANE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 18 on SMITHY LANE.