PEGASUS, MAIN STREET, NOCTON, LINCOLN, LN4 2BH - £417,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

PEGASUS is a midsized extended detached house of 147m², built sometime between 1983 and 1990. It was last sold for £417,000 in September 2021, which was around 48% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was A.

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 detached price in the North Kesteven 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
2021 30 SEP	£417,000	£281,947	48% above HPI
2011 21 DEC	£240,000	£180,192	33% above HPI

PEGASUS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two PEGASUS sales from December 2011 and September 2021 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 2011 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2021 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is PEGASUS?

PEGASUS is 147m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 50% of detached houses in Nocton, based on EPC data. The below chart shows the distribution of detached houses by size in Nocton, and where PEGASUS lies on this distribution: 58% of detached houses are smaller than PEGASUS, and 42% of houses are larger. Note that EPC data is not available for all properties in Nocton.

PEGASUS: Plot and Title Map

PEGASUS sits on a plot of roughly 0.133 of an acre, or 537m². 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 MAIN STREET in NOCTON, in the LN4 postcode district. The below map shows the position of PEGASUS on MAIN STREET.