PEGASUS, KELLY BRAY, CALLINGTON, PL17 8ET - £227,000

PEGASUS is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £227,000 in September 2015, which was around 25% below the average September 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

PEGASUS Sold Prices

Land registry data shows three sales for PEGASUS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Two of the three PEGASUS sales were for below the average price, whilst one was 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 25 SEP	£227,000	£303,080	25% below HPI
2006 21 DEC	£234,000	£280,057	16% below HPI
1998 1 JUL	£93,207	£90,125	3% above HPI

PEGASUS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three PEGASUS sales between July 1998 and September 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 December 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is PEGASUS?

PEGASUS is 118m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Kelly Bray, based on EPC data. The below chart shows the distribution of detached houses by size in Kelly Bray, and where PEGASUS lies on this distribution: 55% of detached houses are smaller than PEGASUS, and 45% of houses are larger. Note that EPC data is not available for all properties in Kelly Bray.

PEGASUS: Plot and Title Map

PEGASUS sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of PEGASUS, 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 PEGASUS). 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 PEGASUS?

PEGASUS is located in KELLY BRAY, in the PL17 postcode district. The below map shows the position of PEGASUS in KELLY BRAY.