7, REEDMAN CLOSE, LANGTOFT, PETERBOROUGH, PE6 9RL - £345,000

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.

7 REEDMAN CLOSE is a midsized detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £543,670. It was last sold for £345,000 in January 2015, which was around 49% above the average January 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

7 REEDMAN CLOSE Sold Prices

Land registry data shows three sales for 7 REEDMAN CLOSE 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 7 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
2015 14 JAN	£345,000	£231,404	49% above HPI
2002 22 AUG	£222,500	£145,900	53% above HPI
1998 7 MAY	£125,000	£81,747	53% above HPI

7 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 three 7 REEDMAN CLOSE sales between May 1998 and January 2015 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 2002 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2015 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 7 REEDMAN CLOSE be worth now?

7 REEDMAN CLOSE might now be worth an estimated £543,670.

This is based on house price inflation of 57.6%, between January 2015 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 57.6% inflationary increase is applied to the most recent sale price for 7 REEDMAN CLOSE of £345,000 on 14th January 2015. For the value to have increased from £345,000 to £543,670 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 7 REEDMAN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2015 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REEDMAN CLOSE has not materially changed since January 2015.

How Large is 7 REEDMAN CLOSE?

7 REEDMAN CLOSE is 129m² according to the EPC inspection conducted in March 2014. This puts it in the largest 50% 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 7 REEDMAN CLOSE lies on this distribution: 57% of detached houses houses are smaller than 7 REEDMAN CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Langtoft.

7 REEDMAN CLOSE: Plot and Title Map

7 REEDMAN CLOSE sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of 7 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 7 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 7 REEDMAN CLOSE?

7 REEDMAN CLOSE is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 7 on REEDMAN CLOSE.