2, Long Lane
2, Long Lane
Description & Estimates
Public records show 2, Long Lane, Craven Arms to be a period freehold house with 811 ft2 of internal area, sitting on a 1,533 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Long Lane, Craven Arms has an estimated sale value of £442,350 and an estimated rental value of £1,273 per month, assuming reasonable condition and based on the information available.
Long Lane, Craven Arms, SY7 lies within the SY7 postal district.
Our Data Sources
2, Long Lane, Craven Arms has a single entry in the Land Registry from July 2009 and a single entry in the EPC database dated June 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 2, Long Lane, Craven Arms would be worth £464,467, with a potential rental value of £1,337 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £411,385, with a rental value of £1,184 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Long Lane, Craven Arms has declined by £2,319 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £61 (4.8%). The property's estimated gross yield is currently 3.5%.
Plot Size
2, Long Lane, Craven Arms occupies a 1,533 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
2, Long Lane, Craven Arms has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 03 Jun 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
2, Long Lane, Craven Arms last changed hands on 31st July 2009, selling for £165,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 32.2% since July 2009.
- Sold Jul 2009£165,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 4.5 kilometres of 2, Long Lane, Craven Arms across the last 2 years.
Most recently, Ireland Cottage, Craven Arms, SY7 9JQ, a freehold house, sold at £350,000 on the 5th January 2021.
Read more about house prices in SY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Long Lane, Craven Arms as the 8th largest and the 6th most expensive of the 24 addresses on Long Lane, Craven Arms, SY7.
Against the SY7 postcode district average, it is £108k more expensive than the typical property.
More reading links
Schools Nearby
- 1.2kmStokesay Primary School
- 2.0kmWistanstow CofE Primary School
- 5.2kmOnny CofE (A) Primary School
- 11.0kmLudlow Church of England School
- 11.1kmChurch Stretton School
- 11.3kmThe Community College, Bishop's Castle
More reading links
Public Transport Nearby
Craven Arms station is the nearest stop to 2, Long Lane, Craven Arms at 700 metres away.
- 700mCraven Arms
- 4.0kmBroome
- 7.9kmHopton Heath
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
