In this article we give an account of a method of smoothing spatial inhomogeneous data sets by using wavelet reconstruction on a regular grid in an auxiliary space onto which the original data is mapped. In a previous paper by the present authors, we devised a method for inferring the velocity potential from the radial component of the cosmic velocity field assuming an ideal sampling. Unfortunately the sparseness of the real data as well as errors of measurement require us to first smooth t he velocity field as observed on a 3-dimensional support (i.e. the galaxy positions) inhomogeneously distributed throughout the sampled volume. The wavelet formalism permits us to introduce a minimal smoothing procedure that is characterized by the variation in size of the smoothing window function. Moreover the output smoothed radial velocity field can be shown to correspond to a well defined theoretical quantity as long as the spatial sampling support satisfies certain criteria. We argue also that one should be very cautious when comparing the velocity potential derived from such a smoothed radial component of the velocity field with related quantities derived from other studies (e.g : of the density field).