2, PEGASUS GROVE, BOURNE, PE10 9UA - £280,000

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 PEGASUS GROVE is a large detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £391,190. It was last sold for £280,000 in July 2016, which was around 7% above the average July 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

2 PEGASUS GROVE Sold Prices

Land registry data shows three sales for 2 PEGASUS GROVE 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. Two of the three 2 PEGASUS GROVE sales were for above the average price, whilst one was 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
2016 22 JUL	£280,000	£262,350	7% above HPI
2012 16 MAR	£219,950	£214,150	3% above HPI
2009 27 NOV	£207,000	£208,833	1% below HPI

2 PEGASUS GROVE 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 2 PEGASUS GROVE sales between November 2009 and July 2016 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 March 2012 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the July 2016 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 2 PEGASUS GROVE be worth now?

2 PEGASUS GROVE might now be worth an estimated £391,190.

This is based on house price inflation of 39.7%, between July 2016 and March 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 39.7% inflationary increase is applied to the most recent sale price for 2 PEGASUS GROVE of £280,000 on 22nd July 2016. For the value to have increased from £280,000 to £391,190 over the nine years and four months to March 2025, the following assumptions must hold true:

• The value of 2 PEGASUS GROVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PEGASUS GROVE has not materially changed since July 2016.

How Large is 2 PEGASUS GROVE?

2 PEGASUS GROVE is 121m² according to the EPC inspection conducted in November 2008. This puts it in the largest 40% of detached houses houses in Bourne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bourne, and where 2 PEGASUS GROVE lies on this distribution: 65% of detached houses houses are smaller than 2 PEGASUS GROVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Bourne.

2 PEGASUS GROVE: Plot and Title Map

2 PEGASUS GROVE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 2 PEGASUS GROVE, 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 2 PEGASUS GROVE). 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 2 PEGASUS GROVE?

2 PEGASUS GROVE is located in BOURNE, in the PE10 postcode district. The below map shows the position of No. 2 on PEGASUS GROVE.