1, SHETLAND CLOSE, SHIREBROOK, MANSFIELD, NG20 8FT - £171,000

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.

1 SHETLAND CLOSE is a small detached house of 78m², which could now be worth an estimated £245,421. It was last sold for £171,000 in July 2019, which was around 5% below the average July 2019 detached price in the Bolsover local authority area. The most recent EPC inspection was December 2017, where the current energy rating was B, and the potential energy rating was A.

1 SHETLAND CLOSE Sold Prices

Land registry data shows two sales for 1 SHETLAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. Both of the two 1 SHETLAND CLOSE 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
2019 2 JUL	£171,000	£179,644	5% below HPI
2017 20 DEC	£154,500	£167,429	8% below HPI

1 SHETLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The two 1 SHETLAND CLOSE sales from December 2017 and July 2019 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 December 2017 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 SHETLAND CLOSE be worth now?

1 SHETLAND CLOSE might now be worth an estimated £245,421.

This is based on house price inflation of 43.5%, between July 2019 and February 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.5% inflationary increase is applied to the most recent sale price for 1 SHETLAND CLOSE of £171,000 on 2nd July 2019. For the value to have increased from £171,000 to £245,421 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 1 SHETLAND CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The July 2019 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHETLAND CLOSE has not materially changed since July 2019.

How Large is 1 SHETLAND CLOSE?

1 SHETLAND CLOSE is 78m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 40% of detached houses houses in Shirebrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shirebrook, and where 1 SHETLAND CLOSE lies on this distribution: 32% of detached houses houses are smaller than 1 SHETLAND CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Shirebrook.

1 SHETLAND CLOSE: Plot and Title Map

1 SHETLAND CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 1 SHETLAND 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 1 SHETLAND 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 1 SHETLAND CLOSE?

1 SHETLAND CLOSE is located in SHIREBROOK, in the NG20 postcode district. The below map shows the position of No. 1 on SHETLAND CLOSE.