12, PEGASUS AVENUE, HORDLE, LYMINGTON, SO41 0HN - £295,000

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.

12 PEGASUS AVENUE is a very small detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £414,991. It was last sold for £295,000 in December 2014, which was around 29% below the average December 2014 detached price in the New Forest local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

12 PEGASUS AVENUE Sold Prices

Land registry data shows four sales for 12 PEGASUS AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the four 12 PEGASUS AVENUE sales were for below 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
2014 16 DEC	£295,000	£414,040	29% below HPI
2012 28 SEP	£250,000	£369,291	32% below HPI
2006 12 SEP	£279,950	£338,680	17% below HPI
2002 26 JUL	£185,000	£242,046	24% below HPI

12 PEGASUS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The four 12 PEGASUS AVENUE sales between July 2002 and December 2014 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 September 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2014 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 12 PEGASUS AVENUE be worth now?

12 PEGASUS AVENUE might now be worth an estimated £414,991.

This is based on house price inflation of 40.7%, between December 2014 and February 2025, for detached houses, in the New Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.7% inflationary increase is applied to the most recent sale price for 12 PEGASUS AVENUE of £295,000 on 16th December 2014. For the value to have increased from £295,000 to £414,991 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 PEGASUS AVENUE has moved in line with the HPI for detached houses in the New Forest local authority area.
• The December 2014 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PEGASUS AVENUE has not materially changed since December 2014.

How Large is 12 PEGASUS AVENUE?

12 PEGASUS AVENUE is 60m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses houses in Hordle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hordle, and where 12 PEGASUS AVENUE lies on this distribution: 1% of detached houses houses are smaller than 12 PEGASUS AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hordle.

12 PEGASUS AVENUE: Plot and Title Map

12 PEGASUS AVENUE sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 12 PEGASUS AVENUE, 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 12 PEGASUS AVENUE). 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 12 PEGASUS AVENUE?

12 PEGASUS AVENUE is located in HORDLE, in the SO41 postcode district. The below map shows the position of No. 12 on PEGASUS AVENUE.