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According to the public record, Lower House, Craven Arms is a period freehold house with 3,573 ft2 of internal area and sits on a 7,082 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Lower House, Craven Arms is £1,011,235 and the estimated rental value is £2,509 per month.
Corfton, Craven Arms, SY7 is located within the SY7 postal district.
Lower House, Craven Arms has 41 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated October 2021.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Lower House, Craven Arms is in very good condition we estimate a sale value of £1,061,797 and a rental value of £2,634 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £940,449 and a rental value of £2,333 per month.
Over the last 12 months the sale value of Lower House Craven Arms has decreased by an estimated £25,287 (2.5%) and its rental value has increased by an estimated £56 per month (2.2%), giving an expected gross yield of 3%.
According to data from HM Land Registry, Lower House, Craven Arms sits on a plot of 7082m2.
We have plot size data on 3 out of 3 other houses in the postcode and Lower House, Craven Arms sits on the 2nd largest plot.
Lower House, Craven Arms has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Oct 2021.
The property is not connected to mains gas and has mostly secondary glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Lower House, Craven Arms was last sold on 3rd December 2021 for £1,015,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since December 2021, the market for similar properties has dropped 8.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower House, Craven Arms within a radius of 6.8 kilometres over the last 2 years.
The most recent example is Coseley House, Craven Arms, SY7 9ET, a freehold house which sold for £690,000 on the 14th April 2023.
Read more about house prices in SY7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corfton, Craven Arms, SY7 has a total of 50 addresses. According to our analysis of all the public data, Lower House, Craven Arms is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £677k more expensive than the average property in SY7.
The closest station to Lower House, Craven Arms is Craven Arms station which is 6.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lower House, Craven Arms, 51.5% of property is privately owned outright and 20.2% 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 Lower House, Craven Arms, 17.9% of residents are recorded as possessing school level qualifications and 42.9% 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 Lower 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 Lower House, Craven Arms, 0.0% 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 Lower House, Craven Arms, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.