162, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 8LZ - £180,000

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

162 NEWARK ROAD is a small detached house of 84m², built sometime between 1930 and 1949. It was last sold for £180,000 in January 2016, which was around 16% below the average January 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

162 NEWARK ROAD Sold Prices

Land registry data shows two sales for 162 NEWARK ROAD 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 162 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
2016 8 JAN	£180,000	£214,934	16% below HPI
2010 28 JUN	£144,000	£180,488	20% below HPI

162 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 two 162 NEWARK ROAD sales from June 2010 and January 2016 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 June 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 162 NEWARK ROAD?

162 NEWARK ROAD is 84m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 30% 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 162 NEWARK ROAD lies on this distribution: 28% of detached houses are smaller than 162 NEWARK ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

162 NEWARK ROAD: Plot and Title Map

162 NEWARK ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 162 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 162 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 162 NEWARK ROAD?

162 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 162 on NEWARK ROAD.