513, NEWARK ROAD, SOUTH HYKEHAM, LINCOLN, LN6 9NP - £360,000

513 NEWARK ROAD is a very large extended detached house of 221m², built sometime between 1930 and 1949. It was last sold for £360,000 in September 2021, which was around 28% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

513 NEWARK ROAD Sold Prices

Land registry data shows two sales for 513 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 513 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 3 SEP	£360,000	£281,947	28% above HPI
2002 8 FEB	£160,000	£96,754	65% above HPI

513 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 513 NEWARK ROAD sales from February 2002 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 February 2002 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the September 2021 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 513 NEWARK ROAD?

513 NEWARK ROAD is 221m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 10% 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 513 NEWARK ROAD lies on this distribution: 91% of detached houses are smaller than 513 NEWARK ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in South Hykeham.

513 NEWARK ROAD: Plot and Title Map

513 NEWARK ROAD sits on a plot of roughly 0.249 of an acre, or 1,007m². The below map shows the location of 513 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 513 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 513 NEWARK ROAD?

513 NEWARK ROAD is located in SOUTH HYKEHAM, in the LN6 postcode district. The below map shows the position of No. 513 on NEWARK ROAD.