501, NEWARK ROAD, SOUTH HYKEHAM, LINCOLN, LN6 9NP - £375,000

501 NEWARK ROAD is a very large detached house of 196m², built sometime between 1983 and 1990. It was last sold for £375,000 in July 2017, which was around 58% above the average July 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

501 NEWARK ROAD Sold Prices

Land registry data shows two sales for 501 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 501 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
2017 28 JUL	£375,000	£237,927	58% above HPI
1999 23 JUL	£81,000	£71,360	14% above HPI

501 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 501 NEWARK ROAD sales from July 1999 and July 2017 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 July 1999 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2017 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 501 NEWARK ROAD?

501 NEWARK ROAD is 196m² according to the EPC inspection conducted in September 2016. This puts it in the largest 20% of detached houses in South Hykeham, based on EPC data. The below chart shows the distribution of detached houses by size in South Hykeham, and where 501 NEWARK ROAD lies on this distribution: 85% of detached houses are smaller than 501 NEWARK ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

501 NEWARK ROAD: Plot and Title Map

501 NEWARK ROAD sits on a plot of roughly 0.208 of an acre, or 843m². The below map shows the location of 501 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 501 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 501 NEWARK ROAD?

501 NEWARK ROAD is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 501 on NEWARK ROAD.