Intel made the "K" variant intended for overclocking.
The only caveat is that the level of overclock available is variable so Intel can not guarantee any level of performance.
Some chips do better than others.
The key is to not exceed a safe vcore voltage. That would be 1.30v.
With most chips, you should reach your 4.2 objective.
Your NH-D14 is as good as it gets for cooling.
Most chips will run into the Vcore limit long before thermal throttling is an issue.
I test with OCCT. It uses a instruction set more typical of what you will use while gaming. It will shut down the test if temperatures reach 85c.
Simply gradually raise the multiplier and see how you do. Stop when you reach a vcore of 1.30v or temperatures reach 85c.
In normal use, you will not reach those limits.
Later, you should probably use speedstep(C1e) to allow the multiplier and voltage to be reduced when there is no load on the cpu.
CPU-Z is a nice way to monitor that.