5, MERRYVALE DRIVE, MANSFIELD, NG19 6LG - £125,000

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.

5 MERRYVALE DRIVE is a very small semi-detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £137,912. It was last sold for £125,000 in May 2022, which was around 22% below the average May 2022 semi-detached price in the Mansfield local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

5 MERRYVALE DRIVE Sold Prices

Land registry data shows four sales for 5 MERRYVALE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Mansfield local authority area for the corresponding sale date. All of the four 5 MERRYVALE 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
2022 6 MAY	£125,000	£159,781	22% below HPI
2006 27 JAN	£88,000	£98,471	11% below HPI
2005 4 FEB	£78,500	£94,880	17% below HPI
2000 17 NOV	£29,000	£37,696	23% below HPI

5 MERRYVALE DRIVE 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 four 5 MERRYVALE DRIVE sales between November 2000 and May 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 January 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 MERRYVALE DRIVE be worth now?

5 MERRYVALE DRIVE might now be worth an estimated £137,912.

This is based on house price inflation of 10.3%, between May 2022 and February 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 10.3% inflationary increase is applied to the most recent sale price for 5 MERRYVALE DRIVE of £125,000 on 6th May 2022. For the value to have increased from £125,000 to £137,912 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 5 MERRYVALE DRIVE has moved in line with the HPI for semi-detached houses in the Mansfield local authority area.
• The May 2022 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MERRYVALE DRIVE has not materially changed since May 2022.

How Large is 5 MERRYVALE DRIVE?

5 MERRYVALE DRIVE is 55m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 10% of semi-detached houses houses in Mansfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Mansfield, and where 5 MERRYVALE DRIVE lies on this distribution: 1% of semi-detached houses houses are smaller than 5 MERRYVALE DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Mansfield.

5 MERRYVALE DRIVE: Plot and Title Map

5 MERRYVALE DRIVE sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 5 MERRYVALE 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 5 MERRYVALE 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 5 MERRYVALE DRIVE?

5 MERRYVALE DRIVE is located in MANSFIELD, in the NG19 postcode district. The below map shows the position of No. 5 on MERRYVALE DRIVE.