15, SHEARSBY DRIVE, FOREST TOWN, MANSFIELD, NG19 0RN - £137,000

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

15 SHEARSBY DRIVE is a small detached house of 77m², built sometime between 1996 and 2002, which could now be worth an estimated £238,577. It was last sold for £137,000 in January 2006, which was around 10% below the average January 2006 detached price in the Mansfield local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

15 SHEARSBY DRIVE Sold Prices

Land registry data shows two sales for 15 SHEARSBY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. One of the two 15 SHEARSBY DRIVE sales was for below the average price, whilst the other was 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
2006 27 JAN	£137,000	£153,014	10% below HPI
2000 10 NOV	£73,950	£65,084	14% above HPI

15 SHEARSBY DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Mansfield local authority area over time, sourced from the HPI. The two 15 SHEARSBY DRIVE sales from November 2000 and January 2006 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 2000 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2006 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 15 SHEARSBY DRIVE be worth now?

15 SHEARSBY DRIVE might now be worth an estimated £238,577.

This is based on house price inflation of 74.1%, between January 2006 and February 2025, for detached houses, in the Mansfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.1% inflationary increase is applied to the most recent sale price for 15 SHEARSBY DRIVE of £137,000 on 27th January 2006. For the value to have increased from £137,000 to £238,577 over the eighteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 SHEARSBY DRIVE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The January 2006 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SHEARSBY DRIVE has not materially changed since January 2006.

How Large is 15 SHEARSBY DRIVE?

15 SHEARSBY DRIVE is 77m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% of detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses houses by size in Forest Town, and where 15 SHEARSBY DRIVE lies on this distribution: 26% of detached houses houses are smaller than 15 SHEARSBY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

15 SHEARSBY DRIVE: Plot and Title Map

15 SHEARSBY DRIVE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 15 SHEARSBY 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 15 SHEARSBY 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 15 SHEARSBY DRIVE?

15 SHEARSBY DRIVE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 15 on SHEARSBY DRIVE.