FIRBANK, COPTHILL LANE, KINGSWOOD, TADWORTH, KT20 6HN - £748,000

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.

FIRBANK is a very small extended detached house of 159m², built sometime between 1930 and 1949, which could now be worth an estimated £995,092. It was last sold for £748,000 in May 2015, which was around 11% above the average May 2015 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

FIRBANK Sold Prices

Land registry data shows three sales for FIRBANK 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 FIRBANK sales were for above 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 8 MAY	£748,000	£675,483	11% above HPI
2013 12 NOV	£765,000	£575,284	33% above HPI
2008 19 FEB	£608,500	£526,746	16% above HPI

FIRBANK 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 FIRBANK sales between February 2008 and May 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 November 2013 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2015 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might FIRBANK be worth now?

FIRBANK might now be worth an estimated £995,092.

This is based on house price inflation of 33%, between May 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 33% inflationary increase is applied to the most recent sale price for FIRBANK of £748,000 on 8th May 2015. For the value to have increased from £748,000 to £995,092 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of FIRBANK has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The May 2015 sale price of £748,000 represented a fair market value for the property.
• The size, condition, and specification of FIRBANK has not materially changed since May 2015.

How Large is FIRBANK?

FIRBANK is 159m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 20% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where FIRBANK lies on this distribution: 13% of detached houses houses are smaller than FIRBANK, and 87% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

FIRBANK: Plot and Title Map

FIRBANK sits on a plot of roughly 0.255 of an acre, or 1,031m². The below map shows the location of FIRBANK, 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 FIRBANK). 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 FIRBANK?

FIRBANK is located on COPTHILL LANE in KINGSWOOD, in the KT20 postcode district. The below map shows the position of FIRBANK on COPTHILL LANE.