22, GRIZEDALE CLOSE, FOREST TOWN, MANSFIELD, NG19 0GY - £118,000

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.

22 GRIZEDALE CLOSE is a very small semi-detached house of 53m², built sometime between 1996 and 2002, which could now be worth an estimated £157,333. It was last sold for £118,000 in August 2020, which was around 12% below the average August 2020 semi-detached price in the Mansfield local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

22 GRIZEDALE CLOSE Sold Prices

Land registry data shows six sales for 22 GRIZEDALE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Mansfield local authority area for the corresponding sale date. three of the six 22 GRIZEDALE CLOSE sales were for below the average price, and six 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
2020 21 AUG	£118,000	£134,516	12% below HPI
2016 10 AUG	£102,000	£110,859	8% below HPI
2005 14 OCT	£97,000	£97,623	1% below HPI
2001 6 APR	£42,500	£41,878	1% above HPI
1997 24 OCT	£39,600	£34,253	16% above HPI
1996 12 JUL	£41,950	£33,548	25% above HPI

22 GRIZEDALE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Mansfield local authority area over time, sourced from the HPI. The six 22 GRIZEDALE CLOSE sales between July 1996 and August 2020 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 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 22 GRIZEDALE CLOSE be worth now?

22 GRIZEDALE CLOSE might now be worth an estimated £157,333.

This is based on house price inflation of 33.3%, between August 2020 and July 2025, for semi-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 33.3% inflationary increase is applied to the most recent sale price for 22 GRIZEDALE CLOSE of £118,000 on 21st August 2020. For the value to have increased from £118,000 to £157,333 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 22 GRIZEDALE CLOSE has moved in line with the HPI for semi-detached houses in the Mansfield local authority area.
• The August 2020 sale price of £118,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GRIZEDALE CLOSE has not materially changed since August 2020.

How Large is 22 GRIZEDALE CLOSE?

22 GRIZEDALE CLOSE is 53m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of semi-detached houses houses in Forest Town, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Forest Town, and where 22 GRIZEDALE CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 22 GRIZEDALE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Forest Town.

22 GRIZEDALE CLOSE: Plot and Title Map

22 GRIZEDALE CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 22 GRIZEDALE CLOSE, 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 22 GRIZEDALE CLOSE). 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 22 GRIZEDALE CLOSE?

22 GRIZEDALE CLOSE is located in FOREST TOWN, in the NG19 postcode district. The below map shows the position of No. 22 on GRIZEDALE CLOSE.