456, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 9SP - £231,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

456 NEWARK ROAD is a very small extended detached house of 71m², built sometime between 1930 and 1949. It was last sold for £231,500 in July 2021, which was around 16% below the average July 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

456 NEWARK ROAD Sold Prices

Land registry data shows three sales for 456 NEWARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 456 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
2021 30 JUL	£231,500	£275,781	16% below HPI
2016 21 OCT	£155,000	£222,122	30% below HPI
2011 23 MAY	£99,950	£177,723	44% below HPI

456 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 three 456 NEWARK ROAD sales between May 2011 and July 2021 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 October 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 456 NEWARK ROAD?

456 NEWARK ROAD is 71m², which includes two extensions, according to the EPC inspection conducted in January 2017. This puts it in the smallest 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 456 NEWARK ROAD lies on this distribution: 11% of detached houses are smaller than 456 NEWARK ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

456 NEWARK ROAD: Plot and Title Map

456 NEWARK ROAD sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 456 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 456 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 456 NEWARK ROAD?

456 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 456 on NEWARK ROAD.