2, REEDMAN CLOSE, LANGTOFT, PETERBOROUGH, PE6 9RL - £195,000

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.

2 REEDMAN CLOSE is a detached house, which could now be worth an estimated £565,312. It was last sold for £195,000 in January 2002, which was around 54% above the average January 2002 detached price in the South Kesteven local authority area.

2 REEDMAN CLOSE Sold Prices

Land registry data shows two sales for 2 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 2 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
2002 31 JAN	£195,000	£126,401	54% above HPI
1998 29 JUL	£145,000	£82,462	76% above HPI

What might 2 REEDMAN CLOSE be worth now?

2 REEDMAN CLOSE might now be worth an estimated £565,312.

This is based on house price inflation of 189.9%, between January 2002 and May 2026, 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 189.9% inflationary increase is applied to the most recent sale price for 2 REEDMAN CLOSE of £195,000 on 31st January 2002. For the value to have increased from £195,000 to £565,312 over the 23 years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 REEDMAN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2002 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 2 REEDMAN CLOSE has not materially changed since January 2002.

Where is 2 REEDMAN CLOSE?

2 REEDMAN CLOSE is located in LANGTOFT, in the PE6 postcode district.