31, LOMAX DRIVE, SLEAFORD, NG34 8FE - £149,000

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

31 LOMAX DRIVE is a very small extended semi-detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £227,178. It was last sold for £149,000 in May 2015, which was around 14% above the average May 2015 semi-detached price in the North Kesteven local authority area. The most recent EPC inspection was January 2025, where the current energy rating was C, and the potential energy rating was B.

31 LOMAX DRIVE Sold Prices

Land registry data shows three sales for 31 LOMAX DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 31 LOMAX DRIVE 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
2015 8 MAY	£149,000	£130,322	14% above HPI
2007 2 MAY	£143,000	£129,161	11% above HPI
1998 28 AUG	£57,902	£40,736	42% above HPI

31 LOMAX DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 31 LOMAX DRIVE sales between August 1998 and May 2015 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 May 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2015 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 31 LOMAX DRIVE be worth now?

31 LOMAX DRIVE might now be worth an estimated £227,178.

This is based on house price inflation of 52.5%, between May 2015 and December 2024, for semi-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 52.5% inflationary increase is applied to the most recent sale price for 31 LOMAX DRIVE of £149,000 on 8th May 2015. For the value to have increased from £149,000 to £227,178 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 31 LOMAX DRIVE has moved in line with the HPI for semi-detached houses in the North Kesteven local authority area.
• The May 2015 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LOMAX DRIVE has not materially changed since May 2015.

How Large is 31 LOMAX DRIVE?

31 LOMAX DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in January 2025. This puts it in the smallest 20% of semi-detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Sleaford, and where 31 LOMAX DRIVE lies on this distribution: 15% of semi-detached houses houses are smaller than 31 LOMAX DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

31 LOMAX DRIVE: Plot and Title Map

31 LOMAX DRIVE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 31 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 31 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 31 LOMAX DRIVE?

31 LOMAX DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 31 on LOMAX DRIVE.