598, NEWARK ROAD, SOUTH HYKEHAM, LINCOLN, LN6 9NP - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

598 NEWARK ROAD is a very small extended semi-detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £218,993. It was last sold for £215,000 in June 2023, which was around 7% above the average June 2023 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

598 NEWARK ROAD Sold Prices

Land registry data shows five sales for 598 NEWARK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 598 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
2023 5 JUN	£215,000	£200,089	7% above HPI
2021 30 SEP	£196,000	£183,499	7% above HPI
2016 26 AUG	£177,000	£146,072	21% above HPI
2000 26 MAY	£54,000	£47,433	14% above HPI
1998 13 MAR	£44,000	£41,292	7% above HPI

598 NEWARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 598 NEWARK ROAD sales between March 1998 and June 2023 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 September 2021 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2023 sale, which was also at 7% above the HPI.

What might 598 NEWARK ROAD be worth now?

598 NEWARK ROAD might now be worth an estimated £218,993.

This is based on house price inflation of 1.9%, between June 2023 and February 2025, for semi-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 1.9% inflationary increase is applied to the most recent sale price for 598 NEWARK ROAD of £215,000 on 5th June 2023. For the value to have increased from £215,000 to £218,993 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 598 NEWARK ROAD has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The June 2023 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 598 NEWARK ROAD has not materially changed since June 2023.

How Large is 598 NEWARK ROAD?

598 NEWARK ROAD is 68m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 10% of semi-detached houses houses in South Hykeham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Hykeham, and where 598 NEWARK ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 598 NEWARK ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

598 NEWARK ROAD: Plot and Title Map

598 NEWARK ROAD sits on a plot of roughly 0.110 of an acre, or 446m². The below map shows the location of 598 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 598 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 598 NEWARK ROAD?

598 NEWARK ROAD is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 598 on NEWARK ROAD.