16, THE RIDES, LANGTOFT, PETERBOROUGH, PE6 9RR - £285,000

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

16 THE RIDES is a midsized detached house of 129m², built sometime between 1996 and 2002. It was last sold for £285,000 in February 2007, which was around 25% above the average February 2007 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

16 THE RIDES Sold Prices

Land registry data shows three sales for 16 THE RIDES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 16 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
2007 28 FEB	£285,000	£228,746	25% above HPI
2002 28 JUN	£189,950	£140,590	35% above HPI
2002 11 JAN	£185,000	£128,517	44% above HPI

16 THE RIDES 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 three 16 THE RIDES sales between January 2002 and February 2007 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 2002 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2007 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 16 THE RIDES?

16 THE RIDES is 129m² according to the EPC inspection conducted in April 2024. This puts it in the largest 50% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where 16 THE RIDES lies on this distribution: 57% of detached houses are smaller than 16 THE RIDES, and 41% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

16 THE RIDES: Plot and Title Map

16 THE RIDES sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 16 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 16 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.

Where is 16 THE RIDES?

16 THE RIDES is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 16 on THE RIDES.