Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
69 NEWARK ROAD is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £237,500 in May 2015, which was around 18% above the average May 2015 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 69 NEWARK ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the three 69 NEWARK ROAD sales was for above the average price, whilst two were 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 |
---|---|---|---|
2015 27 MAY | £237,500 | £201,393 | 18% above HPI |
2005 26 AUG | £115,000 | £181,270 | 37% below HPI |
1997 29 AUG | £49,000 | £66,529 | 26% below HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 69 NEWARK ROAD sales between August 1997 and May 2015 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 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2015 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.
69 NEWARK ROAD is 94m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the smallest 40% 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 69 NEWARK ROAD lies on this distribution: 39% of detached houses are smaller than 69 NEWARK ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
69 NEWARK ROAD sits on a plot of roughly 1.9 acres, or 7,627m². The below map shows the location of 69 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 69 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.
69 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 69 on NEWARK ROAD.