5, GRIZEDALE RISE, FOREST TOWN, MANSFIELD, NG19 0GA - £167,500

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.

5 GRIZEDALE RISE is a small extended detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £228,723. It was last sold for £167,500 in November 2018, which was around 14% below the average November 2018 detached price in the Mansfield local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

5 GRIZEDALE RISE Sold Prices

Land registry data shows two sales for 5 GRIZEDALE RISE 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. Both of the two 5 GRIZEDALE RISE 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
2018 16 NOV	£167,500	£195,139	14% below HPI
2003 12 JUN	£89,995	£110,950	19% below HPI

5 GRIZEDALE RISE 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 5 GRIZEDALE RISE sales from June 2003 and November 2018 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 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 GRIZEDALE RISE be worth now?

5 GRIZEDALE RISE might now be worth an estimated £228,723.

This is based on house price inflation of 36.6%, between November 2018 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 36.6% inflationary increase is applied to the most recent sale price for 5 GRIZEDALE RISE of £167,500 on 16th November 2018. For the value to have increased from £167,500 to £228,723 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 GRIZEDALE RISE has moved in line with the HPI for detached houses in the Mansfield local authority area.
• The November 2018 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GRIZEDALE RISE has not materially changed since November 2018.

How Large is 5 GRIZEDALE RISE?

5 GRIZEDALE RISE is 80m², which includes one extension, according to the EPC inspection conducted in April 2013. 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 5 GRIZEDALE RISE lies on this distribution: 30% of detached houses houses are smaller than 5 GRIZEDALE RISE, and 69% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

5 GRIZEDALE RISE: Plot and Title Map

5 GRIZEDALE RISE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 5 GRIZEDALE RISE, 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 5 GRIZEDALE RISE). 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 5 GRIZEDALE RISE?

5 GRIZEDALE RISE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 5 on GRIZEDALE RISE.