48, GREEN LANE, LOWER KINGSWOOD, TADWORTH, KT20 6TL - £750,000

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.

48 GREEN LANE is a small detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £932,217. It was last sold for £750,000 in November 2015, which was around 4% above the average November 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

48 GREEN LANE Sold Prices

Land registry data shows two sales for 48 GREEN 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. One of the two 48 GREEN LANE sales was for above the average price, whilst the other was 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
2015 23 NOV	£750,000	£722,970	4% above HPI
2003 8 MAY	£392,500	£408,071	4% below HPI

48 GREEN 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 48 GREEN LANE sales from May 2003 and November 2015 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 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2015 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 48 GREEN LANE be worth now?

48 GREEN LANE might now be worth an estimated £932,217.

This is based on house price inflation of 24.3%, between November 2015 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 24.3% inflationary increase is applied to the most recent sale price for 48 GREEN LANE of £750,000 on 23rd November 2015. For the value to have increased from £750,000 to £932,217 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 48 GREEN LANE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2015 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GREEN LANE has not materially changed since November 2015.

How Large is 48 GREEN LANE?

48 GREEN LANE is 118m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 48 GREEN LANE lies on this distribution: 38% of detached houses houses are smaller than 48 GREEN LANE, and 62% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.

48 GREEN LANE: Plot and Title Map

48 GREEN LANE sits on a plot of roughly 0.345 of an acre, or 1,395m². The below map shows the location of 48 GREEN 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 48 GREEN 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 48 GREEN LANE?

48 GREEN LANE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 48 on GREEN LANE.