15, GOODWOOD WAY, LINCOLN, LN6 0FZ - £215,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 GOODWOOD WAY is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £215,000 in June 2024, which was around 26% below the average June 2024 detached price in the Lincoln local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

15 GOODWOOD WAY Sold Prices

Land registry data shows four sales for 15 GOODWOOD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 15 GOODWOOD WAY 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
2024 27 JUN	£215,000	£290,659	26% below HPI
2018 31 AUG	£172,500	£239,194	28% below HPI
2007 21 SEP	£154,500	£194,462	21% below HPI
2004 28 MAY	£159,650	£168,493	5% below HPI

15 GOODWOOD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 15 GOODWOOD WAY sales between May 2004 and June 2024 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 August 2018 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2024 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 GOODWOOD WAY?

15 GOODWOOD WAY is 91m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 15 GOODWOOD WAY lies on this distribution: 39% of detached houses are smaller than 15 GOODWOOD WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 GOODWOOD WAY: Plot and Title Map

15 GOODWOOD WAY sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 15 GOODWOOD WAY, 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 15 GOODWOOD WAY). 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 15 GOODWOOD WAY?

15 GOODWOOD WAY is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 15 on GOODWOOD WAY.