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

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

33 LOMAX DRIVE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £140,000 in January 2009, which was around 18% 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. All 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	£171,287	18% below HPI
2002 12 DEC	£123,000	£123,929	1% below HPI
2001 3 DEC	£85,500	£92,995	8% below HPI
2000 8 DEC	£76,000	£80,524	6% 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% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the January 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

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 in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 33 LOMAX DRIVE lies on this distribution: 39% of detached 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.