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
77 NEWARK ROAD is a very large extended detached house of 186m², built sometime between 1930 and 1949. It was last sold for £303,079 in December 2020, which was around 12% above the average December 2020 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 77 NEWARK ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. The five 77 NEWARK ROAD sales were a mix of above the average price, and roughly equal to 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 |
---|---|---|---|
2020 11 DEC | £303,079 | £271,548 | 12% above HPI |
2011 9 DEC | £180,000 | £180,192 | Close to HPI |
2007 13 JUL | £400,000 | £199,913 | 100% above HPI |
2005 20 APR | £275,000 | £176,574 | 56% above HPI |
1996 27 JUN | £99,000 | £62,102 | 59% above HPI |
The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 77 NEWARK ROAD sales between June 1996 and December 2020 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 December 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
77 NEWARK ROAD is 186m², which includes four extensions, according to the EPC inspection conducted in March 2020. 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 77 NEWARK ROAD lies on this distribution: 96% of detached houses are smaller than 77 NEWARK ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.
77 NEWARK ROAD sits on a plot of roughly 0.153 of an acre, or 617m². The below map shows the location of 77 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 77 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.
77 NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 77 on NEWARK ROAD.