9, SHEARSBY DRIVE, FOREST TOWN, MANSFIELD, NG19 0RN - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

9 SHEARSBY DRIVE is a very large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £175,000 in May 2009, which was around 25% above the average May 2009 detached price in the Mansfield local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

9 SHEARSBY DRIVE Sold Prices

Land registry data shows two sales for 9 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. Both of the two 9 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
2009 18 MAY	£175,000	£139,684	25% above HPI
2000 4 AUG	£106,950	£64,659	65% above HPI

9 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 9 SHEARSBY DRIVE sales from August 2000 and May 2009 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 August 2000 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2009 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 9 SHEARSBY DRIVE?

9 SHEARSBY DRIVE is 129m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the largest 20% 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 9 SHEARSBY DRIVE lies on this distribution: 81% of detached houses are smaller than 9 SHEARSBY DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

9 SHEARSBY DRIVE: Plot and Title Map

9 SHEARSBY DRIVE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 9 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 9 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 9 SHEARSBY DRIVE?

9 SHEARSBY DRIVE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 9 on SHEARSBY DRIVE.