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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

511 NEWARK ROAD is a large extended detached house of 175m², built sometime between 2007 and 2011, which could now be worth an estimated £410,111. It was last sold for £249,950 in May 2012, which was around 39% above the average May 2012 detached price in the North Kesteven local authority area. The most recent EPC inspection was December 2024, 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	£179,576	39% above HPI
2010 9 APR	£130,000	£177,755	27% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2012 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 511 NEWARK ROAD be worth now?

511 NEWARK ROAD might now be worth an estimated £410,111.

This is based on house price inflation of 64.1%, between May 2012 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 64.1% inflationary increase is applied to the most recent sale price for 511 NEWARK ROAD of £249,950 on 11th May 2012. For the value to have increased from £249,950 to £410,111 over the eleven years and five months to December 2024, the following assumptions must hold true:

• The value of 511 NEWARK ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The May 2012 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 511 NEWARK ROAD has not materially changed since May 2012.

How Large is 511 NEWARK ROAD?

511 NEWARK ROAD is 175m², which includes three extensions, according to the EPC inspection conducted in December 2024. This puts it in the largest 30% of detached houses houses in South Hykeham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Hykeham, and where 511 NEWARK ROAD lies on this distribution: 76% of detached houses houses are smaller than 511 NEWARK ROAD, and 24% 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 0.168 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.