511, NEWARK ROAD, SOUTH HYKEHAM, LINCOLN, LN6 9NP - £249,950

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

511 NEWARK ROAD is a large detached house of 192m². It was last sold for £249,950 in May 2012, which was around 37% above the average May 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was B.

511 NEWARK ROAD Sold Prices

Land registry data shows two sales for 511 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 North Kesteven local authority area for the corresponding sale date. One of the two 511 NEWARK ROAD sales was for above the average price, whilst the other was 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
2012 11 MAY	£249,950	£181,879	37% above HPI
2010 9 APR	£130,000	£180,035	28% below HPI

511 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 two 511 NEWARK ROAD sales from April 2010 and May 2012 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 2010 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2012 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

How Large is 511 NEWARK ROAD?

511 NEWARK ROAD is 192m² according to the EPC inspection conducted in November 2011. This puts it in the largest 30% of detached houses in South Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in South Hykeham, and where 511 NEWARK ROAD lies on this distribution: 80% of detached houses are smaller than 511 NEWARK ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

511 NEWARK ROAD: Plot and Title Map

511 NEWARK ROAD sits on a plot of roughly 0.167 of an acre, or 678m². The below map shows the location of 511 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 511 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 511 NEWARK ROAD?

511 NEWARK ROAD is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 511 on NEWARK ROAD.