6, LOMAX DRIVE, SLEAFORD, NG34 8FE - £207,500

6 LOMAX DRIVE is a small detached house of 84m², built sometime between 1996 and 2002. It was last sold for £207,500 in February 2021, which was around 24% below the average February 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

6 LOMAX DRIVE Sold Prices

Land registry data shows four sales for 6 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 6 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
2021 10 FEB	£207,500	£274,430	24% below HPI
2006 19 JUN	£152,000	£183,174	17% below HPI
2002 15 APR	£82,995	£99,272	16% below HPI
1996 31 OCT	£64,995	£63,162	3% above HPI

6 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 6 LOMAX DRIVE sales between October 1996 and February 2021 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 June 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 6 LOMAX DRIVE?

6 LOMAX DRIVE is 84m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 6 LOMAX DRIVE lies on this distribution: 24% of detached houses are smaller than 6 LOMAX DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

6 LOMAX DRIVE: Plot and Title Map

6 LOMAX DRIVE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 6 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 6 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 6 LOMAX DRIVE?

6 LOMAX DRIVE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 6 on LOMAX DRIVE.