5, THE RIDES, LANGTOFT, PETERBOROUGH, PE6 9RR - £525,000

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.

5 THE RIDES is a large extended detached house of 170m², built sometime between 1996 and 2002, which could now be worth an estimated £537,921. It was last sold for £525,000 in April 2022, which was around 48% above the average April 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

5 THE RIDES Sold Prices

Land registry data shows two sales for 5 THE RIDES 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 5 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 22 APR	£525,000	£355,900	48% above HPI
2001 9 FEB	£230,000	£112,983	104% above HPI

5 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 two 5 THE RIDES sales from February 2001 and April 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 February 2001 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the April 2022 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 5 THE RIDES be worth now?

5 THE RIDES might now be worth an estimated £537,921.

This is based on house price inflation of 2.5%, between April 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 2.5% inflationary increase is applied to the most recent sale price for 5 THE RIDES of £525,000 on 22nd April 2022. For the value to have increased from £525,000 to £537,921 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 5 THE RIDES has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE RIDES has not materially changed since April 2022.

How Large is 5 THE RIDES?

5 THE RIDES is 170m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% 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 5 THE RIDES lies on this distribution: 80% of detached houses houses are smaller than 5 THE RIDES, and 20% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

5 THE RIDES: Plot and Title Map

5 THE RIDES sits on a plot of roughly 0.181 of an acre, or 734m². The below map shows the location of 5 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 5 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 5 THE RIDES?

5 THE RIDES is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 5 on THE RIDES.