651, NEWARK ROAD, LINCOLN, LN6 8SA - £315,000

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

651 NEWARK ROAD is a very large extended detached house of 200m², built sometime between 1900 and 1929. It was last sold for £315,000 in March 2016, which was around 43% above the average March 2016 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

651 NEWARK ROAD Sold Prices

Land registry data shows two sales for 651 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 Lincoln local authority area for the corresponding sale date. One of the two 651 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
2016 23 MAR	£315,000	£220,314	43% above HPI
2007 12 JUN	£174,925	£194,204	10% below HPI

651 NEWARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 651 NEWARK ROAD sales from June 2007 and March 2016 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 June 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2016 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 651 NEWARK ROAD?

651 NEWARK ROAD is 200m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 651 NEWARK ROAD lies on this distribution: 96% of detached houses are smaller than 651 NEWARK ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

651 NEWARK ROAD: Plot and Title Map

651 NEWARK ROAD sits on a plot of roughly 0.205 of an acre, or 831m². The below map shows the location of 651 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 651 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 651 NEWARK ROAD?

651 NEWARK ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 651 on NEWARK ROAD.