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Bache House, Craven Arms is recorded publicly as a period freehold house across 2,088 ft2 of internal area, sitting on a 7,480 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Bache House, Craven Arms is £556,190 and its rental estimate is £1,385 per month, given the available information and assuming reasonable condition.
Bache, Craven Arms, SY7 falls within the SY7 postal district.
Bache House, Craven Arms has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated October 2014.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Bache House, Craven Arms, we estimate a market value of £583,999 and a rental value of £1,454 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £517,256 and £1,288 per month respectively.
Over the last year, Bache House, Craven Arms has seen its estimated sale value decline by £14,045 (2.5%) and its estimated rental value climb by £37 per month (2.7%). This results in an estimated gross rental yield of 3.0%.
HM Land Registry records the plot of land for Bache House, Craven Arms as measuring 7,480 m2.
That makes it the 3rd largest plot in the postcode, where all 4 other houses have recorded plot data.
Bache House, Craven Arms has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Oct 2014.
The property is not connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, oil.
The most recent sale of Bache House, Craven Arms completed on 20th January 2015 at £378,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.9% over the period since January 2015.
Over the past 2 years 3 properties similar to Bache House, Craven Arms have sold within a radius of 5.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th May 2021, was 1, Manor Orchard, Ludlow, SY8 2DN, a freehold house which sold for £495,000.
Read more about house prices in SY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 4 addresses on Bache, Craven Arms, SY7, Bache House, Craven Arms comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £222k more expensive than the average property across the SY7 district.
From Bache House, Craven Arms, the nearest station is Craven Arms, 3.9 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Bache House, Craven Arms, 64.5% of property is privately owned outright and 18.7% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Bache House, Craven Arms, 13.8% of residents are recorded as possessing school level qualifications and 39.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Bache House, Craven Arms, the average age was 47.2 and the most common age was 57.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Bache House, Craven Arms, 0.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Bache House, Craven Arms, there are an average of 1.8 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.