27, GOODWOOD WAY, LINCOLN, LN6 0FZ - £154,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 GOODWOOD WAY is a large detached house of 111m², built sometime between 1996 and 2002. It was last sold for £154,000 in October 2007, which was around 22% below the average October 2007 detached price in the Lincoln local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

27 GOODWOOD WAY Sold Prices

Land registry data shows two sales for 27 GOODWOOD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 27 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
2007 29 OCT	£154,000	£197,337	22% below HPI
2004 19 MAR	£149,950	£164,465	9% below HPI

27 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 two 27 GOODWOOD WAY sales from March 2004 and October 2007 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 March 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2007 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 27 GOODWOOD WAY be worth now?

27 GOODWOOD WAY might now be worth an estimated £235,736.

This is based on house price inflation of 53.1%, between October 2007 and December 2024, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.1% inflationary increase is applied to the most recent sale price for 27 GOODWOOD WAY of £154,000 on 29th October 2007. For the value to have increased from £154,000 to £235,736 over the sixteen years and ten months to December 2024, the following assumptions must hold true:

• The value of 27 GOODWOOD WAY has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The October 2007 sale price of £154,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GOODWOOD WAY has not materially changed since October 2007.

How Large is 27 GOODWOOD WAY?

27 GOODWOOD WAY is 111m² according to the EPC inspection conducted in November 2016. This puts it in the largest 40% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 27 GOODWOOD WAY lies on this distribution: 61% of detached houses houses are smaller than 27 GOODWOOD WAY, and 38% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

27 GOODWOOD WAY: Plot and Title Map

27 GOODWOOD WAY sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 27 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 27 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 27 GOODWOOD WAY?

27 GOODWOOD WAY is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 27 on GOODWOOD WAY.