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

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

61A SMITHY LANE is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £439,950 in December 2015, which was around 37% 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	£700,556	37% below HPI
2006 7 APR	£277,000	£425,193	35% below HPI
1999 2 SEP	£163,500	£235,550	31% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in Lower Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Kingswood, and where 61A SMITHY LANE lies on this distribution: 24% of detached 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.