3, STOKESAY CLOSE, CRAVEN ARMS, SY7 9EH - £387,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 STOKESAY CLOSE is a midsized extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £398,678. It was last sold for £387,000 in September 2023, which was around 4% below the average September 2023 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

3 STOKESAY CLOSE Sold Prices

Land registry data shows three sales for 3 STOKESAY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. All of the three 3 STOKESAY CLOSE 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
2023 8 SEP	£387,000	£403,466	4% below HPI
2015 10 JUN	£244,500	£273,781	11% below HPI
2002 12 JUN	£145,495	£158,515	8% below HPI

3 STOKESAY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Shropshire local authority area over time, sourced from the HPI. The three 3 STOKESAY CLOSE sales between June 2002 and September 2023 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 June 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 3 STOKESAY CLOSE be worth now?

3 STOKESAY CLOSE might now be worth an estimated £398,678.

This is based on house price inflation of 3%, between September 2023 and December 2024, for detached houses, in the Shropshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% inflationary increase is applied to the most recent sale price for 3 STOKESAY CLOSE of £387,000 on 8th September 2023. For the value to have increased from £387,000 to £398,678 over the nine months to December 2024, the following assumptions must hold true:

• The value of 3 STOKESAY CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The September 2023 sale price of £387,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STOKESAY CLOSE has not materially changed since September 2023.

How Large is 3 STOKESAY CLOSE?

3 STOKESAY CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses houses in Craven Arms, based on EPC data. The below chart shows the distribution of detached houses houses by size in Craven Arms, and where 3 STOKESAY CLOSE lies on this distribution: 44% of detached houses houses are smaller than 3 STOKESAY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Craven Arms.

3 STOKESAY CLOSE: Plot and Title Map

3 STOKESAY CLOSE sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 3 STOKESAY CLOSE, 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 3 STOKESAY CLOSE). 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 3 STOKESAY CLOSE?

3 STOKESAY CLOSE is located in CRAVEN ARMS, in the SY7 postcode district. The below map shows the position of No. 3 on STOKESAY CLOSE.