50, SMITHY LANE, LOWER KINGSWOOD, TADWORTH, KT20 6TX - £370,000

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

50 SMITHY LANE is a large extended detached house of 161m², built sometime between 1930 and 1949. It was last sold for £370,000 in December 2008, which was around 17% below the average December 2008 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

50 SMITHY LANE Sold Prices

Land registry data shows two sales for 50 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 50 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
2008 19 DEC	£370,000	£447,025	17% below HPI
2003 30 JUN	£358,000	£395,394	9% below HPI

50 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 50 SMITHY LANE sales from June 2003 and December 2008 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 June 2003 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2008 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 50 SMITHY LANE?

50 SMITHY LANE is 161m², which includes two extensions, according to the EPC inspection conducted in October 2013. This puts it in the largest 30% 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 50 SMITHY LANE lies on this distribution: 73% of detached houses are smaller than 50 SMITHY LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.

50 SMITHY LANE: Plot and Title Map

50 SMITHY LANE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 50 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 50 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 50 SMITHY LANE?

50 SMITHY LANE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 50 on SMITHY LANE.