492A, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 9SP - £299,000

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

492A NEWARK ROAD is a very large detached house of 233m². It was last sold for £299,000 in March 2020, which was around 18% above the average March 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was B.

492A NEWARK ROAD Sold Prices

Land registry data shows three sales for 492A 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. One of the three 492A NEWARK ROAD sales was for above the average price, whilst two 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
2020 20 MAR	£299,000	£254,353	18% above HPI
2016 21 OCT	£180,000	£222,122	19% below HPI
2013 22 OCT	£167,000	£189,493	12% below HPI

492A 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 492A NEWARK ROAD sales between October 2013 and March 2020 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2020 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 492A NEWARK ROAD?

492A NEWARK ROAD is 233m² according to the EPC inspection conducted in February 2019. 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 492A NEWARK ROAD lies on this distribution: 99% of detached houses are smaller than 492A NEWARK ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

492A NEWARK ROAD: Plot and Title Map

492A NEWARK ROAD sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 492A 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 492A 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 492A NEWARK ROAD?

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