17, LOMAX DRIVE, SLEAFORD, NG34 8FE - £69,950

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

17 LOMAX DRIVE is a very small detached house of 79m², built sometime between 1991 and 1995. It was last sold for £69,950 in February 2001, which was around 14% below the average February 2001 detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

17 LOMAX DRIVE Sold Prices

Land registry data shows three sales for 17 LOMAX DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 17 LOMAX DRIVE 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
2001 9 FEB	£69,950	£81,395	14% below HPI
1999 13 OCT	£59,000	£72,445	19% below HPI
1998 31 JUL	£58,825	£67,196	12% below HPI

17 LOMAX DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 17 LOMAX DRIVE sales between July 1998 and February 2001 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 October 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2001 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 17 LOMAX DRIVE?

17 LOMAX DRIVE is 79m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 17 LOMAX DRIVE lies on this distribution: 17% of detached houses are smaller than 17 LOMAX DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

17 LOMAX DRIVE: Plot and Title Map

17 LOMAX DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 17 LOMAX DRIVE, 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 17 LOMAX DRIVE). 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 17 LOMAX DRIVE?

17 LOMAX DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 17 on LOMAX DRIVE.