661B, NEWARK ROAD, LINCOLN, LN6 8SA - £365,000

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

661B NEWARK ROAD is a very large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £365,000 in May 2019, which was around 45% above the average May 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was C.

661B NEWARK ROAD Sold Prices

Land registry data shows three sales for 661B NEWARK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 661B 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
2019 15 MAY	£365,000	£252,590	45% above HPI
2000 26 MAY	£135,000	£75,845	78% above HPI
1997 10 OCT	£136,000	£64,537	111% above HPI

661B 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 three 661B NEWARK ROAD sales between October 1997 and May 2019 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 May 2000 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the May 2019 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 661B NEWARK ROAD?

661B NEWARK ROAD is 174m², which includes three extensions, according to the EPC inspection conducted in October 2017. 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 661B NEWARK ROAD lies on this distribution: 93% of detached houses are smaller than 661B NEWARK ROAD, and 7% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

661B NEWARK ROAD: Plot and Title Map

661B NEWARK ROAD sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 661B 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 661B 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 661B NEWARK ROAD?

661B NEWARK ROAD is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 661B on NEWARK ROAD.