505, NEWARK ROAD, SOUTH HYKEHAM, LINCOLN, LN6 9NP - £250,000

505 NEWARK ROAD is a large extended detached house of 181m². It was last sold for £250,000 in November 2016, which was around 13% above the average November 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

505 NEWARK ROAD Sold Prices

Land registry data shows six sales for 505 NEWARK ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the six 505 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
2016 17 NOV	£250,000	£222,087	13% above HPI
2015 29 OCT	£150,000	£211,922	29% below HPI
2008 9 JUL	£205,000	£193,652	6% above HPI
2006 20 DEC	£230,000	£188,412	22% above HPI
2006 5 MAY	£175,000	£181,429	4% below HPI
2003 13 JUN	£210,000	£145,240	45% above HPI

505 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 six 505 NEWARK ROAD sales between June 2003 and November 2016 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 October 2015 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 505 NEWARK ROAD?

505 NEWARK ROAD is 181m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% 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 505 NEWARK ROAD lies on this distribution: 78% of detached houses are smaller than 505 NEWARK ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

505 NEWARK ROAD: Plot and Title Map

505 NEWARK ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 505 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 505 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 505 NEWARK ROAD?

505 NEWARK ROAD is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 505 on NEWARK ROAD.