MIL is lovely but can be quite overbearing sometimes, she's quite loud and chatty. I get on with her great but wouldn't want to spend lots of time with her. Currently we live about 5 miles away and initially we were concerned she would be "popping round" all the time. As it happens, she hasn't and only does so every now and again. (We are a drive away though).
A house has come up for sale just a few houses down from MIL, lovely house, great potential, cheap and in the village location OH idolises.
You can see the house from MILs!
Would you want to live so close to your in-laws?