3, GOODWOOD WAY, LINCOLN, LN6 0FZ - £262,500

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

3 GOODWOOD WAY is a large detached house of 123m², built sometime between 1996 and 2002. It was last sold for £262,500 in August 2019, which was around 5% above the average August 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

3 GOODWOOD WAY Sold Prices

Land registry data shows three sales for 3 GOODWOOD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 3 GOODWOOD WAY 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
2019 2 AUG	£262,500	£249,913	5% above HPI
2006 29 SEP	£192,000	£181,939	6% above HPI
2003 31 JAN	£149,500	£128,023	17% above HPI

3 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 three 3 GOODWOOD WAY sales between January 2003 and August 2019 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 September 2006 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the August 2019 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 GOODWOOD WAY?

3 GOODWOOD WAY is 123m² according to the EPC inspection conducted in January 2019. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 3 GOODWOOD WAY lies on this distribution: 72% of detached houses are smaller than 3 GOODWOOD WAY, and 28% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

3 GOODWOOD WAY: Plot and Title Map

3 GOODWOOD WAY sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 3 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 3 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 3 GOODWOOD WAY?

3 GOODWOOD WAY is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 3 on GOODWOOD WAY.