154, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 8LZ - £275,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

154 NEWARK ROAD is a small detached house of 88m², built sometime between 1950 and 1966. It was last sold for £275,000 in August 2021, which was around 3% below the average August 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

154 NEWARK ROAD Sold Prices

Land registry data shows five sales for 154 NEWARK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 154 NEWARK ROAD sales were 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
2021 19 AUG	£275,000	£282,296	3% below HPI
2018 14 MAY	£222,000	£245,174	9% below HPI
2007 6 NOV	£175,000	£198,206	12% below HPI
2000 29 SEP	£68,500	£81,713	16% below HPI
1995 12 DEC	£37,000	£61,149	39% below HPI

154 NEWARK ROAD 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 five 154 NEWARK ROAD sales between December 1995 and August 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 May 2018 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the August 2021 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 154 NEWARK ROAD?

154 NEWARK ROAD is 88m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 40% of detached houses in North Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in North Hykeham, and where 154 NEWARK ROAD lies on this distribution: 31% of detached houses are smaller than 154 NEWARK ROAD, and 68% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

154 NEWARK ROAD: Plot and Title Map

154 NEWARK ROAD sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 154 NEWARK ROAD, 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 154 NEWARK ROAD). 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 154 NEWARK ROAD?

154 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 154 on NEWARK ROAD.