61A, SMITHY LANE, LOWER KINGSWOOD, TADWORTH, KT20 6UA - £439,950

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.

61A SMITHY LANE is a small detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £538,043. It was last sold for £439,950 in December 2015, which was around 40% below the average December 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

61A SMITHY LANE Sold Prices

Land registry data shows three sales for 61A SMITHY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 61A 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
2015 18 DEC	£439,950	£734,788	40% below HPI
2006 7 APR	£277,000	£445,970	38% below HPI
1999 2 SEP	£163,500	£247,061	34% below HPI

61A 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 three 61A SMITHY LANE sales between September 1999 and December 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 April 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 61A SMITHY LANE be worth now?

61A SMITHY LANE might now be worth an estimated £538,043.

This is based on house price inflation of 22.3%, between December 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 22.3% inflationary increase is applied to the most recent sale price for 61A SMITHY LANE of £439,950 on 18th December 2015. For the value to have increased from £439,950 to £538,043 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 61A SMITHY LANE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The December 2015 sale price of £439,950 represented a fair market value for the property.
• The size, condition, and specification of 61A SMITHY LANE has not materially changed since December 2015.

How Large is 61A SMITHY LANE?

61A SMITHY LANE is 101m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 30% 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 61A SMITHY LANE lies on this distribution: 24% of detached houses houses are smaller than 61A SMITHY LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Lower Kingswood.

61A SMITHY LANE: Plot and Title Map

61A SMITHY LANE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 61A 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 61A 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 61A SMITHY LANE?

61A SMITHY LANE is located in LOWER KINGSWOOD, in the KT20 postcode district. The below map shows the position of No. 61A on SMITHY LANE.