40, SHETLAND CLOSE, SHIREBROOK, MANSFIELD, NG20 8FT - £180,000

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.

40 SHETLAND CLOSE is a midsized detached house of 80m², which could now be worth an estimated £188,140. It was last sold for £180,000 in December 2023, which was around 27% below the average December 2023 detached price in the Bolsover local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

40 SHETLAND CLOSE Sold Prices

Land registry data shows three sales for 40 SHETLAND CLOSE 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. All of the three 40 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
2023 20 DEC	£180,000	£246,672	27% below HPI
2023 30 NOV	£190,000	£246,434	23% below HPI
2018 28 SEP	£149,995	£178,259	16% below HPI

40 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 three 40 SHETLAND CLOSE sales between September 2018 and December 2023 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 November 2023 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2023 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 40 SHETLAND CLOSE be worth now?

40 SHETLAND CLOSE might now be worth an estimated £188,140.

This is based on house price inflation of 4.5%, between December 2023 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 4.5% inflationary increase is applied to the most recent sale price for 40 SHETLAND CLOSE of £180,000 on 20th December 2023. For the value to have increased from £180,000 to £188,140 over the two years and ten months to February 2025, the following assumptions must hold true:

• The value of 40 SHETLAND CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The December 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SHETLAND CLOSE has not materially changed since December 2023.

How Large is 40 SHETLAND CLOSE?

40 SHETLAND CLOSE is 80m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 50% 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 40 SHETLAND CLOSE lies on this distribution: 45% of detached houses houses are smaller than 40 SHETLAND CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Shirebrook.

40 SHETLAND CLOSE: Plot and Title Map

40 SHETLAND CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 40 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 40 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 40 SHETLAND CLOSE?

40 SHETLAND CLOSE is located in SHIREBROOK, in the NG20 postcode district. The below map shows the position of No. 40 on SHETLAND CLOSE.