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

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.

45 SMITHY LANE is a midsized extended detached house of 126m², built sometime between 1976 and 1982, which could now be worth an estimated £740,365. It was last sold for £500,000 in March 2014, which was around 18% 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	£606,876	18% below HPI
1997 26 SEP	£177,500	£191,420	7% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 45 SMITHY LANE be worth now?

45 SMITHY LANE might now be worth an estimated £740,365.

This is based on house price inflation of 48.1%, between March 2014 and February 2025, for 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 48.1% inflationary increase is applied to the most recent sale price for 45 SMITHY LANE of £500,000 on 21st March 2014. For the value to have increased from £500,000 to £740,365 over the eleven years and one month to February 2025, the following assumptions must hold true:

• The value of 45 SMITHY LANE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The March 2014 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 45 SMITHY LANE has not materially changed since March 2014.

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 houses in Lower Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Kingswood, and where 45 SMITHY LANE lies on this distribution: 46% of detached houses 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.