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
15 THE RIDES is a very large extended detached house of 208m², built sometime between 1996 and 2002. It was last sold for £420,000 in March 2016, which was around 62% above the average March 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 15 THE RIDES since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 15 THE RIDES 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 |
---|---|---|---|
2016 30 MAR | £420,000 | £259,840 | 62% above HPI |
2001 30 AUG | £234,000 | £122,880 | 90% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 15 THE RIDES sales from August 2001 and March 2016 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 August 2001 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the March 2016 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.
15 THE RIDES is 208m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where 15 THE RIDES lies on this distribution: 90% of detached houses are smaller than 15 THE RIDES, and 10% of houses are larger. Note that EPC data is not available for all properties in Langtoft.
15 THE RIDES sits on a plot of roughly 0.259 of an acre, or 1,050m². The below map shows the location of 15 THE RIDES, 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 15 THE RIDES). 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.
15 THE RIDES is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 15 on THE RIDES.