421, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 9SP - £300,000

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

421 NEWARK ROAD is a very large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £300,000 in January 2022, which was around 3% above the average January 2022 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

421 NEWARK ROAD Sold Prices

Land registry data shows four sales for 421 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 North Kesteven local authority area for the corresponding sale date. All of the four 421 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
2022 28 JAN	£300,000	£292,152	3% above HPI
2014 11 APR	£238,000	£192,004	24% above HPI
2003 25 JUL	£250,000	£147,056	70% above HPI
1999 28 JAN	£86,000	£70,286	22% above HPI

421 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 four 421 NEWARK ROAD sales between January 1999 and January 2022 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 April 2014 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 421 NEWARK ROAD?

421 NEWARK ROAD is 155m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 20% 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 421 NEWARK ROAD lies on this distribution: 89% of detached houses are smaller than 421 NEWARK ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

421 NEWARK ROAD: Plot and Title Map

421 NEWARK ROAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 421 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 421 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 421 NEWARK ROAD?

421 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 421 on NEWARK ROAD.