2A, NEWARK ROAD, BASSINGHAM, LINCOLN, LN5 9HA - £149,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2A NEWARK ROAD is a small detached house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £258,447. It was last sold for £149,995 in October 2008, which was around 16% below the average October 2008 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2009, where the current energy rating was E, and the potential energy rating was E.

2A NEWARK ROAD Sold Prices

Land registry data shows two sales for 2A 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 North Kesteven local authority area for the corresponding sale date. Both of the two 2A NEWARK ROAD sales 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
2008 27 OCT	£149,995	£177,851	16% below HPI
2006 6 JAN	£159,950	£176,788	10% below HPI

2A 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 two 2A NEWARK ROAD sales from January 2006 and October 2008 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 January 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2008 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2A NEWARK ROAD be worth now?

2A NEWARK ROAD might now be worth an estimated £258,447.

This is based on house price inflation of 72.3%, between October 2008 and May 2026, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.3% inflationary increase is applied to the most recent sale price for 2A NEWARK ROAD of £149,995 on 27th October 2008. For the value to have increased from £149,995 to £258,447 over the eighteen years and five months to May 2026, the following assumptions must hold true:

• The value of 2A NEWARK ROAD has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2008 sale price of £149,995 represented a fair market value for the property.
• The size, condition, and specification of 2A NEWARK ROAD has not materially changed since October 2008.

How Large is 2A NEWARK ROAD?

2A NEWARK ROAD is 104m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% of detached houses houses in Bassingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bassingham, and where 2A NEWARK ROAD lies on this distribution: 30% of detached houses houses are smaller than 2A NEWARK ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Bassingham.

2A NEWARK ROAD: Plot and Title Map

2A NEWARK ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2A 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 2A 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 2A NEWARK ROAD?

2A NEWARK ROAD is located in BASSINGHAM, in the LN5 postcode district. The below map shows the position of No. 2A on NEWARK ROAD.