27, SOUTHRIDGE DRIVE, MANSFIELD, NG18 4RJ - £177,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

27 SOUTHRIDGE DRIVE is a very small detached house of 61m², built sometime between 1967 and 1975, which could now be worth an estimated £206,303. It was last sold for £177,500 in August 2021, which was around 23% below the average August 2021 detached price in the Mansfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

27 SOUTHRIDGE DRIVE Sold Prices

Land registry data shows four sales for 27 SOUTHRIDGE 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 Mansfield local authority area for the corresponding sale date. All of the four 27 SOUTHRIDGE 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 11 AUG	£177,500	£229,262	23% below HPI
2004 11 MAR	£85,000	£130,647	35% below HPI
2001 29 AUG	£53,500	£73,433	27% below HPI
2001 9 MAR	£53,500	£69,046	23% below HPI

27 SOUTHRIDGE 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 four 27 SOUTHRIDGE DRIVE sales between March 2001 and August 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 March 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 27 SOUTHRIDGE DRIVE be worth now?

27 SOUTHRIDGE DRIVE might now be worth an estimated £206,303.

This is based on house price inflation of 16.2%, between August 2021 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 16.2% inflationary increase is applied to the most recent sale price for 27 SOUTHRIDGE DRIVE of £177,500 on 11th August 2021. For the value to have increased from £177,500 to £206,303 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 27 SOUTHRIDGE DRIVE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The August 2021 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 27 SOUTHRIDGE DRIVE has not materially changed since August 2021.

How Large is 27 SOUTHRIDGE DRIVE?

27 SOUTHRIDGE DRIVE is 61m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Mansfield, and where 27 SOUTHRIDGE DRIVE lies on this distribution: 3% of detached houses houses are smaller than 27 SOUTHRIDGE DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

27 SOUTHRIDGE DRIVE: Plot and Title Map

27 SOUTHRIDGE DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 27 SOUTHRIDGE 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 27 SOUTHRIDGE 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 27 SOUTHRIDGE DRIVE?

27 SOUTHRIDGE DRIVE is located in MANSFIELD, in the NG18 postcode district. The below map shows the position of No. 27 on SOUTHRIDGE DRIVE.