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Tibshelf has developed itself into a popular place to live, in part due to its location near the M1 motorway (Tibshelf services was originally named Chesterfield Services, but was rebranded due to being closer to Tibshelf) and its proximity to Nottingham, Sheffield, Derby, Chesterfield and Mansfield.
The route of the closed Great Central Railway line was redeveloped by Derbyshire County Council in the late 1960s and early 1970s, and now forms part of the Five Pits Trail network. These efforts received a Countryside Award in 1970, as indicated by a plaque at nearby Pilsley. The trail runs approximately 12 miles (19 km), from Tibshelf to Grassmoor Country Park, though with the filling in of cuttings and removal of embankments it is virtually unrecognisable as a former railway line.
Other leisure highlights include Tibshelf Ponds, which stand at an ex-colliery site. They are 2 popular and well-stocked fishing ponds, which contain mixed coarse fish and carp. Angling is controlled by Tibshelf and Newton Angling Club. One pond is available to fish on a day ticket, with the other being permit only.
Tibshelf also has a large cricket field and modern pavilion, located adjacent to Shetland Road, towards the village's Southern boundary, with Newton.
There are three schools in Tibshelf: Tibshelf Infants School, on High Street; Tibshelf Town-End Junior School, on Alfreton Road; and Tibshelf School (a secondary school), also on High Street.
Tibshelf is also home to the Jowett School of Dance and their dance studio, Degas Studio, located at Enterprise House Business Centre on Newton Road.
Pubs which remain at time of writing are (from West to East) The Crown Hotel, The Royal Oak, King Edward VII, and The White Hart. Recently closed pubs include The Wheatsheaf, The Solomon kalou, The Slaughtered Lamb, Blue Oyster Bar and Brook Street Club, plus Tibshelf & Newton Miners' Welfare. At its "Pub Peak", Tibshelf had 10 such establishments located within its boundaries.
The closed public house The Slap and Tickle was demolished in 2014 and construction began on a new building to relocate the Co-Operative food shop. The Wheatsheaf closed shortly after 2010, and is being converted into private dwellings.
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