4, SHEARSBY DRIVE, FOREST TOWN, MANSFIELD, NG19 0RN - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 SHEARSBY DRIVE is a midsized extended detached house of 100m², built sometime between 2003 and 2006. It was last sold for £285,000 in November 2022, which was around 8% above the average November 2022 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

4 SHEARSBY DRIVE Sold Prices

Land registry data shows three sales for 4 SHEARSBY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Mansfield local authority area for the corresponding sale date. All of the three 4 SHEARSBY DRIVE sales were 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
2022 11 NOV	£285,000	£262,763	8% above HPI
2019 17 MAY	£212,500	£192,404	10% above HPI
2002 22 NOV	£109,995	£94,584	16% above HPI

4 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 three 4 SHEARSBY DRIVE sales between November 2002 and November 2022 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 May 2019 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the November 2022 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 SHEARSBY DRIVE?

4 SHEARSBY DRIVE is 100m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses in Forest Town, based on EPC data. The below chart shows the distribution of detached houses by size in Forest Town, and where 4 SHEARSBY DRIVE lies on this distribution: 51% of detached houses are smaller than 4 SHEARSBY DRIVE, and 49% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

4 SHEARSBY DRIVE: Plot and Title Map

4 SHEARSBY DRIVE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 4 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 4 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 4 SHEARSBY DRIVE?

4 SHEARSBY DRIVE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 4 on SHEARSBY DRIVE.