42, NEWARK ROAD, BASSINGHAM, LINCOLN, LN5 9HA - £420,000

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

42 NEWARK ROAD is a large extended detached house of 167m², built sometime between 1976 and 1982. It was last sold for £420,000 in July 2016, which was around 88% above the average July 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

42 NEWARK ROAD Sold Prices

Land registry data shows two sales for 42 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 42 NEWARK ROAD 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
2016 13 JUL	£420,000	£223,262	88% above HPI
2000 17 MAR	£93,000	£74,351	25% above HPI

42 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 42 NEWARK ROAD sales from March 2000 and July 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 March 2000 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2016 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

How Large is 42 NEWARK ROAD?

42 NEWARK ROAD is 167m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses by size in Bassingham, and where 42 NEWARK ROAD lies on this distribution: 60% of detached houses are smaller than 42 NEWARK ROAD, and 40% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

42 NEWARK ROAD: Plot and Title Map

42 NEWARK ROAD sits on a plot of roughly 0.319 of an acre, or 1,293m². The below map shows the location of 42 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 42 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 42 NEWARK ROAD?

42 NEWARK ROAD is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 42 on NEWARK ROAD.