PEGASUS, CHAPEL HILL, HALSTEAD, CO9 1JP - £340,000

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.

PEGASUS is a small semi-detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £353,199. It was last sold for £340,000 in April 2022, which was around 5% above the average April 2022 semi-detached price in the Braintree local authority area. The most recent EPC inspection was December 2015, where the current energy rating was E, and the potential energy rating was B.

PEGASUS Sold Prices

Land registry data shows two sales for PEGASUS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Braintree local authority area for the corresponding sale date. Both of the two PEGASUS 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
2022 12 APR	£340,000	£323,916	5% above HPI
2021 3 DEC	£330,000	£311,197	6% above HPI

PEGASUS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Braintree local authority area over time, sourced from the HPI. The two PEGASUS sales from December 2021 and April 2022 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 2021 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the April 2022 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might PEGASUS be worth now?

PEGASUS might now be worth an estimated £353,199.

This is based on house price inflation of 3.9%, between April 2022 and February 2025, for semi-detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for PEGASUS of £340,000 on 12th April 2022. For the value to have increased from £340,000 to £353,199 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of PEGASUS has moved in line with the HPI for semi-detached houses in the Braintree local authority area.
• The April 2022 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of PEGASUS has not materially changed since April 2022.

How Large is PEGASUS?

PEGASUS is 91m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of semi-detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halstead, and where PEGASUS lies on this distribution: 35% of semi-detached houses houses are smaller than PEGASUS, and 64% of houses are larger. Note that EPC data is not available for all properties in Halstead.

PEGASUS: Plot and Title Map

PEGASUS sits on a plot of roughly 0.067 of an acre, or 270m². 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 on CHAPEL HILL in HALSTEAD, in the CO9 postcode district. The below map shows the position of PEGASUS on CHAPEL HILL.