8, SHETLAND ROAD, TIBSHELF, ALFRETON, DE55 5QE - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 SHETLAND ROAD is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £170,000 in November 2021, which was around 25% below the average November 2021 detached price in the Bolsover local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

8 SHETLAND ROAD Sold Prices

Land registry data shows four sales for 8 SHETLAND ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. Most of the four 8 SHETLAND ROAD 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
2021 19 NOV	£170,000	£226,959	25% below HPI
2013 17 MAY	£120,000	£133,212	10% below HPI
2002 21 JUL	£81,950	£73,826	11% above HPI
1999 1 APR	£51,000	£57,435	11% below HPI

8 SHETLAND ROAD 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 four 8 SHETLAND ROAD sales between April 1999 and November 2021 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 May 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 SHETLAND ROAD?

8 SHETLAND ROAD is 56m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 10% of detached houses in Tibshelf, based on EPC data. The below chart shows the distribution of detached houses by size in Tibshelf, and where 8 SHETLAND ROAD lies on this distribution: 2% of detached houses are smaller than 8 SHETLAND ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Tibshelf.

8 SHETLAND ROAD: Plot and Title Map

8 SHETLAND ROAD sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 8 SHETLAND ROAD, 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 8 SHETLAND ROAD). 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 8 SHETLAND ROAD?

8 SHETLAND ROAD is located in TIBSHELF, in the DE55 postcode district. The below map shows the position of No. 8 on SHETLAND ROAD.