12, NEW ROAD, LANGTOFT, PETERBOROUGH, PE6 9LE - £365,000

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.

12 NEW ROAD is a small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £352,601. It was last sold for £365,000 in September 2022, which was around 3% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

12 NEW ROAD Sold Prices

Land registry data shows four sales for 12 NEW ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 12 NEW ROAD 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
2022 1 SEP	£365,000	£377,482	3% below HPI
2008 23 JUN	£212,500	£239,780	11% below HPI
2007 30 MAY	£200,000	£234,030	15% below HPI
2004 31 AUG	£199,000	£204,337	3% below HPI

12 NEW ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 12 NEW ROAD sales between August 2004 and September 2022 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 June 2008 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 12 NEW ROAD be worth now?

12 NEW ROAD might now be worth an estimated £352,601.

This is based on house price deflation of 3.4%, between September 2022 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% deflationary decrease is applied to the most recent sale price for 12 NEW ROAD of £365,000 on 1st September 2022. For the value to have decreased from £365,000 to £352,601 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 NEW ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2022 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 12 NEW ROAD has not materially changed since September 2022.

How Large is 12 NEW ROAD?

12 NEW ROAD is 104m², which includes two extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langtoft, and where 12 NEW ROAD lies on this distribution: 31% of detached houses houses are smaller than 12 NEW ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

12 NEW ROAD: Plot and Title Map

12 NEW ROAD sits on a plot of roughly 0.105 of an acre, or 423m². The below map shows the location of 12 NEW ROAD, 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 12 NEW ROAD). 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 12 NEW ROAD?

12 NEW ROAD is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 12 on NEW ROAD.