450, NEWARK ROAD, LINCOLN, LN6 8RZ - £240,000

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

450 NEWARK ROAD is a very large extended detached house of 165m², built sometime between 1950 and 1966. It was last sold for £240,000 in January 2014, which was around 27% above the average January 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

450 NEWARK ROAD Sold Prices

Land registry data shows two sales for 450 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 Lincoln local authority area for the corresponding sale date. Both of the two 450 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
2014 31 JAN	£240,000	£189,313	27% above HPI
2001 30 NOV	£148,500	£95,666	55% above HPI

450 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 two 450 NEWARK ROAD sales from November 2001 and January 2014 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 November 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2014 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 450 NEWARK ROAD?

450 NEWARK ROAD is 165m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 450 NEWARK ROAD lies on this distribution: 91% of detached houses are smaller than 450 NEWARK ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

450 NEWARK ROAD: Plot and Title Map

450 NEWARK ROAD sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of 450 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 450 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 450 NEWARK ROAD?

450 NEWARK ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 450 on NEWARK ROAD.