33, LOMAX DRIVE, SLEAFORD, NG34 8FE - £140,000

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

33 LOMAX DRIVE is a small detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £243,914. It was last sold for £140,000 in January 2009, which was around 17% below the average January 2009 detached price in the North Kesteven local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

33 LOMAX DRIVE Sold Prices

Land registry data shows four sales for 33 LOMAX DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the four 33 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
2009 30 JAN	£140,000	£169,117	17% below HPI
2002 12 DEC	£123,000	£122,359	1% above HPI
2001 3 DEC	£85,500	£91,817	7% below HPI
2000 8 DEC	£76,000	£79,505	4% below HPI

33 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 four 33 LOMAX DRIVE sales between December 2000 and January 2009 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 December 2002 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the January 2009 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 33 LOMAX DRIVE be worth now?

33 LOMAX DRIVE might now be worth an estimated £243,914.

This is based on house price inflation of 74.2%, between January 2009 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 74.2% inflationary increase is applied to the most recent sale price for 33 LOMAX DRIVE of £140,000 on 30th January 2009. For the value to have increased from £140,000 to £243,914 over the fourteen years and one month to December 2024, the following assumptions must hold true:

• The value of 33 LOMAX DRIVE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The January 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 33 LOMAX DRIVE has not materially changed since January 2009.

How Large is 33 LOMAX DRIVE?

33 LOMAX DRIVE is 96m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% 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 33 LOMAX DRIVE lies on this distribution: 39% of detached houses houses are smaller than 33 LOMAX DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

33 LOMAX DRIVE: Plot and Title Map

33 LOMAX DRIVE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 33 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 33 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 33 LOMAX DRIVE?

33 LOMAX DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 33 on LOMAX DRIVE.