4, REEDMAN CLOSE, LANGTOFT, PETERBOROUGH, PE6 9RL - £315,000

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

4 REEDMAN CLOSE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £315,000 in February 2017, which was around 15% above the average February 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

4 REEDMAN CLOSE Sold Prices

Land registry data shows two sales for 4 REEDMAN CLOSE since 1^st 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 4 REEDMAN CLOSE 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
2017 28 FEB	£315,000	£273,684	15% above HPI
1998 16 JUL	£119,000	£83,842	42% above HPI

4 REEDMAN CLOSE 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 two 4 REEDMAN CLOSE sales from July 1998 and February 2017 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 July 1998 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the February 2017 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 4 REEDMAN CLOSE?

4 REEDMAN CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the smallest 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 4 REEDMAN CLOSE lies on this distribution: 43% of detached houses are smaller than 4 REEDMAN CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

4 REEDMAN CLOSE: Plot and Title Map

4 REEDMAN CLOSE sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 4 REEDMAN CLOSE, 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 4 REEDMAN CLOSE). 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 4 REEDMAN CLOSE?

4 REEDMAN CLOSE is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 4 on REEDMAN CLOSE.