492, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 9SP - £521,400

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

492 NEWARK ROAD is a very large detached house of 246m². It was last sold for £521,400 in November 2021, which was around 82% above the average November 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was B.

492 NEWARK ROAD Sold Prices

Land registry data shows three sales for 492 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 492 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
2021 2 NOV	£521,400	£286,536	82% above HPI
2020 6 NOV	£448,000	£266,312	68% above HPI
2018 23 FEB	£425,000	£240,862	76% above HPI

492 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 492 NEWARK ROAD sales between February 2018 and November 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 November 2020 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the November 2021 sale, where it rises to 82% above the HPI. The line then continues to track at 82% above the HPI.

How Large is 492 NEWARK ROAD?

492 NEWARK ROAD is 246m² according to the EPC inspection conducted in December 2017. This puts it in the largest 10% 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 492 NEWARK ROAD lies on this distribution: 99% of detached houses are smaller than 492 NEWARK ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

492 NEWARK ROAD: Plot and Title Map

492 NEWARK ROAD sits on a plot of roughly 0.176 of an acre, or 711m². The below map shows the location of 492 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 492 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 492 NEWARK ROAD?

492 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 492 on NEWARK ROAD.