15, ORCHID WAY, SHIREBROOK, MANSFIELD, NG20 8ES - £172,500

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.

15 ORCHID WAY is a very small detached house of 68m², built sometime between 1996 and 2002, which could now be worth an estimated £200,367. It was last sold for £172,500 in January 2022, which was around 22% below the average January 2022 detached price in the Bolsover local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

15 ORCHID WAY Sold Prices

Land registry data shows three sales for 15 ORCHID WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. Two of the three 15 ORCHID WAY sales were for below the average price, whilst one was 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
2022 25 JAN	£172,500	£221,968	22% below HPI
2016 29 SEP	£105,000	£156,607	33% below HPI
1999 28 MAY	£56,950	£55,718	2% above HPI

15 ORCHID WAY 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 three 15 ORCHID WAY sales between May 1999 and January 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 September 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 ORCHID WAY be worth now?

15 ORCHID WAY might now be worth an estimated £200,367.

This is based on house price inflation of 16.2%, between January 2022 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 16.2% inflationary increase is applied to the most recent sale price for 15 ORCHID WAY of £172,500 on 25th January 2022. For the value to have increased from £172,500 to £200,367 over the two years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 ORCHID WAY has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The January 2022 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 15 ORCHID WAY has not materially changed since January 2022.

How Large is 15 ORCHID WAY?

15 ORCHID WAY is 68m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 15 ORCHID WAY lies on this distribution: 12% of detached houses houses are smaller than 15 ORCHID WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Shirebrook.

15 ORCHID WAY: Plot and Title Map

15 ORCHID WAY sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 15 ORCHID WAY, 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 15 ORCHID WAY). 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 15 ORCHID WAY?

15 ORCHID WAY is located in SHIREBROOK, in the NG20 postcode district. The below map shows the position of No. 15 on ORCHID WAY.