77B, NEWARK ROAD, NORTH HYKEHAM, LINCOLN, LN6 8RA - £417,000

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

77B NEWARK ROAD is a very large extended detached house of 173m², built sometime between 2007 and 2011. It was last sold for £417,000 in September 2021, which was around 48% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

77B NEWARK ROAD Sold Prices

Land registry data shows three sales for 77B 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 North Kesteven local authority area for the corresponding sale date. All of the three 77B 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
2021 29 SEP	£417,000	£281,947	48% above HPI
2021 30 JUN	£425,000	£275,516	54% above HPI
2011 17 NOV	£245,000	£180,290	36% above HPI

77B NEWARK ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 77B NEWARK ROAD sales between November 2011 and September 2021 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 2021 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the September 2021 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 77B NEWARK ROAD?

77B NEWARK ROAD is 173m², which includes two extensions, according to the EPC inspection conducted in September 2021. 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 77B NEWARK ROAD lies on this distribution: 94% of detached houses are smaller than 77B NEWARK ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in North Hykeham.

77B NEWARK ROAD: Plot and Title Map

77B NEWARK ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 77B 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 77B 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 77B NEWARK ROAD?

77B NEWARK ROAD is located in NORTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 77B on NEWARK ROAD.