47, THE RIDES, LANGTOFT, PETERBOROUGH, PE6 9RR - £545,000

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

47 THE RIDES is a very large extended detached house of 216m², built sometime between 1996 and 2002. It was last sold for £545,000 in August 2022, which was around 45% above the average August 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was C.

47 THE RIDES Sold Prices

Land registry data shows four sales for 47 THE RIDES 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 47 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
2022 2 AUG	£545,000	£374,762	45% above HPI
2019 24 OCT	£570,000	£310,208	84% above HPI
2016 27 MAY	£450,000	£260,567	73% above HPI
2001 28 JUN	£180,000	£120,875	49% above HPI

47 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 four 47 THE RIDES sales between June 2001 and August 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 October 2019 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the August 2022 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 47 THE RIDES?

47 THE RIDES is 216m², which includes one extension, according to the EPC inspection conducted in April 2019. 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 47 THE RIDES lies on this distribution: 92% of detached houses are smaller than 47 THE RIDES, and 8% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

47 THE RIDES: Plot and Title Map

47 THE RIDES sits on a plot of roughly 0.368 of an acre, or 1,491m². The below map shows the location of 47 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 47 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 47 THE RIDES?

47 THE RIDES is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 47 on THE RIDES.