PEGASUS, STOCKS MEAD, WASHINGTON, PULBOROUGH, RH20 4AU - £445,000

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 detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £710,786. It was last sold for £445,000 in April 2011, which was around 5% below the average April 2011 detached price in the Horsham local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, 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 Horsham 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
2011 28 APR	£445,000	£469,830	5% below HPI
2005 15 AUG	£390,000	£386,168	1% above HPI
1999 24 SEP	£150,000	£215,790	30% below HPI

PEGASUS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Horsham local authority area over time, sourced from the HPI. The three PEGASUS sales between September 1999 and April 2011 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 August 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2011 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might PEGASUS be worth now?

PEGASUS might now be worth an estimated £710,786.

This is based on house price inflation of 59.7%, between April 2011 and February 2025, for detached houses, in the Horsham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.7% inflationary increase is applied to the most recent sale price for PEGASUS of £445,000 on 28th April 2011. For the value to have increased from £445,000 to £710,786 over the fourteen 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 detached houses in the Horsham local authority area.
• The April 2011 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of PEGASUS has not materially changed since April 2011.

How Large is PEGASUS?

PEGASUS is 127m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% of detached houses houses in Washington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Washington, and where PEGASUS lies on this distribution: 30% of detached houses houses are smaller than PEGASUS, and 70% of houses are larger. Note that EPC data is not available for all properties in Washington.

PEGASUS: Plot and Title Map

PEGASUS sits on a plot of roughly 0.263 of an acre, or 1,065m². 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 STOCKS MEAD in WASHINGTON, in the RH20 postcode district. The below map shows the position of PEGASUS on STOCKS MEAD.