8, GOODWOOD AVENUE, SLYNE, LANCASTER, LA2 6LA - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 GOODWOOD AVENUE is a small detached house of 89m², built sometime between 1976 and 1982, which could now be worth an estimated £324,424. It was last sold for £305,000 in June 2022, which was around 3% below the average June 2022 detached price in the Lancaster local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 GOODWOOD AVENUE Sold Prices

Land registry data shows two sales for 8 GOODWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lancaster local authority area for the corresponding sale date. Both of the two 8 GOODWOOD AVENUE 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
2022 24 JUN	£305,000	£314,027	3% below HPI
1997 18 MAR	£60,000	£74,137	19% below HPI

8 GOODWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lancaster local authority area over time, sourced from the HPI. The two 8 GOODWOOD AVENUE sales from March 1997 and June 2022 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 1997 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 GOODWOOD AVENUE be worth now?

8 GOODWOOD AVENUE might now be worth an estimated £324,424.

This is based on house price inflation of 6.4%, between June 2022 and February 2025, for detached houses, in the Lancaster local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 8 GOODWOOD AVENUE of £305,000 on 24th June 2022. For the value to have increased from £305,000 to £324,424 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 8 GOODWOOD AVENUE has moved in line with the HPI for detached houses in the Lancaster local authority area.
• The June 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GOODWOOD AVENUE has not materially changed since June 2022.

How Large is 8 GOODWOOD AVENUE?

8 GOODWOOD AVENUE is 89m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Slyne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Slyne, and where 8 GOODWOOD AVENUE lies on this distribution: 28% of detached houses houses are smaller than 8 GOODWOOD AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Slyne.

8 GOODWOOD AVENUE: Plot and Title Map

8 GOODWOOD AVENUE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 8 GOODWOOD AVENUE, 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 8 GOODWOOD AVENUE). 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 8 GOODWOOD AVENUE?

8 GOODWOOD AVENUE is located in SLYNE, in the LA2 postcode district. The below map shows the position of No. 8 on GOODWOOD AVENUE.