548, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 9NG - £425,000

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

548 NEWARK ROAD is a very large extended detached house of 343m², built sometime between 1983 and 1990. It was last sold for £425,000 in January 2021, which was around 56% above the average January 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

548 NEWARK ROAD Sold Prices

Land registry data shows two sales for 548 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. Both of the two 548 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 28 JAN	£425,000	£272,907	56% above HPI
2004 23 AUG	£400,000	£171,818	133% above HPI

548 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 548 NEWARK ROAD sales from August 2004 and January 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 August 2004 sale was for 133% above the HPI. So the extrapolation line tracks at 133% above the HPI over time, until the January 2021 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 548 NEWARK ROAD?

548 NEWARK ROAD is 343m², which includes four extensions, according to the EPC inspection conducted in August 2021. 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 548 NEWARK ROAD lies on this distribution: More than 99% of detached houses are smaller than 548 NEWARK ROAD, and less than 1% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

548 NEWARK ROAD: Plot and Title Map

548 NEWARK ROAD sits on a plot of roughly 0.227 of an acre, or 918m². The below map shows the location of 548 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 548 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 548 NEWARK ROAD?

548 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 548 on NEWARK ROAD.