PEGASUS, FAKENHAM ROAD, TITTLESHALL, KING'S LYNN, PE32 2PH - £210,000

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 extended terraced house of 87m², built sometime before 1900, which could now be worth an estimated £268,903. It was last sold for £210,000 in June 2019, which was around 39% above the average June 2019 terraced price in the Breckland local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, 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 terraced price in the Breckland local authority area for the corresponding sale date. All of the three 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
2019 5 JUN	£210,000	£151,220	39% above HPI
2015 17 JAN	£172,500	£127,331	35% above HPI
2012 31 AUG	£167,000	£112,602	48% above HPI

PEGASUS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Breckland local authority area over time, sourced from the HPI. The three PEGASUS sales between August 2012 and June 2019 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 January 2015 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the June 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might PEGASUS be worth now?

PEGASUS might now be worth an estimated £268,903.

This is based on house price inflation of 28%, between June 2019 and June 2025, for terraced houses, in the Breckland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28% inflationary increase is applied to the most recent sale price for PEGASUS of £210,000 on 5th June 2019. For the value to have increased from £210,000 to £268,903 over the six years to June 2025, the following assumptions must hold true:

• The value of PEGASUS has moved in line with the HPI for terraced houses in the Breckland local authority area.
• The June 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of PEGASUS has not materially changed since June 2019.

How Large is PEGASUS?

PEGASUS is 87m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of terraced houses houses in Tittleshall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tittleshall, and where PEGASUS lies on this distribution: 38% of terraced houses houses are smaller than PEGASUS, and 62% of houses are larger. Note that EPC data is not available for all properties in Tittleshall.

PEGASUS: Plot and Title Map

PEGASUS sits on a plot of roughly 0.090 of an acre, or 365m². 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 FAKENHAM ROAD in TITTLESHALL, in the PE32 postcode district. The below map shows the position of PEGASUS on FAKENHAM ROAD.