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

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

7 REEDMAN CLOSE is a midsized detached house of 129m², built sometime between 1996 and 2002. It was last sold for £345,000 in January 2015, which was around 47% 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	£235,277	47% above HPI
2002 22 AUG	£222,500	£148,342	50% above HPI
1998 7 MAY	£125,000	£83,115	50% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2015 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

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 in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where 7 REEDMAN CLOSE lies on this distribution: 57% of detached houses are smaller than 7 REEDMAN CLOSE, and 41% 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.