21, LOMAX DRIVE, SLEAFORD, NG34 8FE - £177,500

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

21 LOMAX DRIVE is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £259,225. It was last sold for £177,500 in October 2014, which was around 12% below the average October 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

21 LOMAX DRIVE Sold Prices

Land registry data shows six sales for 21 LOMAX DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the six 21 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
2014 21 OCT	£177,500	£201,752	12% below HPI
2007 1 NOV	£176,000	£195,695	10% below HPI
2007 4 OCT	£172,500	£197,479	13% below HPI
2006 16 JUN	£172,500	£180,854	5% below HPI
2002 25 JAN	£95,000	£94,183	1% above HPI
1998 12 JUN	£72,500	£66,731	9% above HPI

21 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 six 21 LOMAX DRIVE sales between June 1998 and October 2014 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 November 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2014 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 21 LOMAX DRIVE be worth now?

21 LOMAX DRIVE might now be worth an estimated £259,225.

This is based on house price inflation of 46%, between October 2014 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46% inflationary increase is applied to the most recent sale price for 21 LOMAX DRIVE of £177,500 on 21st October 2014. For the value to have increased from £177,500 to £259,225 over the nine years and ten months to December 2024, the following assumptions must hold true:

• The value of 21 LOMAX DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2014 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 21 LOMAX DRIVE has not materially changed since October 2014.

How Large is 21 LOMAX DRIVE?

21 LOMAX DRIVE is 111m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 21 LOMAX DRIVE lies on this distribution: 57% of detached houses houses are smaller than 21 LOMAX DRIVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

21 LOMAX DRIVE: Plot and Title Map

21 LOMAX DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 21 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 21 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 21 LOMAX DRIVE?

21 LOMAX DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 21 on LOMAX DRIVE.