$解:(1)设长方体的长为4x,宽为2x,高为\sqrt {5} x,$
$由题意得4x·2x=20, x=\frac{\sqrt {10} }{2},$
$∴高为\sqrt{5}×\frac{\sqrt{10}}{2}=\frac{5\sqrt {2} }{2}.$
$(2)此长方体的长为4× \frac{\sqrt{10}}{2} =2 \sqrt{10} ,$
$宽为2× \frac{\sqrt {10} }{2} = \sqrt{10} ,$
$表面积为2(20+2 \sqrt{10}× \frac {5\sqrt {2} }{2}+\sqrt{10} × \frac{5\sqrt {2} }{2} )$
$=40+30\sqrt {5} .$