388, NEWARK ROAD, LINCOLN, LN6 8RX - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

388 NEWARK ROAD is a midsized semi-detached house of 99m², built sometime between 1930 and 1949. It was last sold for £215,000 in May 2018, which was around 11% below the average May 2018 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

388 NEWARK ROAD Sold Prices

Land registry data shows four sales for 388 NEWARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 388 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
2018 25 MAY	£215,000	£241,557	11% below HPI
2013 30 AUG	£170,000	£189,145	10% below HPI
2005 14 JUL	£169,000	£177,501	5% below HPI
2002 12 APR	£85,950	£102,191	16% below HPI

388 NEWARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 388 NEWARK ROAD sales between April 2002 and May 2018 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2018 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 388 NEWARK ROAD?

388 NEWARK ROAD is 99m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 388 NEWARK ROAD lies on this distribution: 48% of detached houses are smaller than 388 NEWARK ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

388 NEWARK ROAD: Plot and Title Map

388 NEWARK ROAD sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 388 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 388 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 388 NEWARK ROAD?

388 NEWARK ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 388 on NEWARK ROAD.