45, SMITHY LANE, LOWER KINGSWOOD, TADWORTH, KT20 6TZ - £500,000

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

45 SMITHY LANE is a midsized extended detached house of 126m², built sometime between 1976 and 1982. It was last sold for £500,000 in March 2014, which was around 14% below the average March 2014 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

45 SMITHY LANE Sold Prices

Land registry data shows two sales for 45 SMITHY LANE 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 45 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
2014 21 MAR	£500,000	£578,603	14% below HPI
1997 26 SEP	£177,500	£182,502	3% below HPI

45 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 two 45 SMITHY LANE sales from September 1997 and March 2014 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 September 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the March 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 45 SMITHY LANE?

45 SMITHY LANE is 126m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% 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 45 SMITHY LANE lies on this distribution: 46% of detached houses are smaller than 45 SMITHY LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.

45 SMITHY LANE: Plot and Title Map

45 SMITHY LANE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 45 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 45 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 45 SMITHY LANE?

45 SMITHY LANE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 45 on SMITHY LANE.