7, STOKESAY CLOSE, CRAVEN ARMS, SY7 9EH - £237,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 STOKESAY CLOSE is a midsized extended detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £374,076. It was last sold for £237,500 in July 2006, which was around 10% below the average July 2006 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

7 STOKESAY CLOSE Sold Prices

Land registry data shows two sales for 7 STOKESAY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Shropshire local authority area for the corresponding sale date. Both of the two 7 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
2006 18 JUL	£237,500	£264,933	10% below HPI
2002 17 MAY	£142,000	£153,546	8% below HPI

7 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 two 7 STOKESAY CLOSE sales from May 2002 and July 2006 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 May 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2006 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 7 STOKESAY CLOSE be worth now?

7 STOKESAY CLOSE might now be worth an estimated £374,076.

This is based on house price inflation of 57.5%, between July 2006 and February 2025, 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 57.5% inflationary increase is applied to the most recent sale price for 7 STOKESAY CLOSE of £237,500 on 18th July 2006. For the value to have increased from £237,500 to £374,076 over the nineteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 STOKESAY CLOSE has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The July 2006 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 7 STOKESAY CLOSE has not materially changed since July 2006.

How Large is 7 STOKESAY CLOSE?

7 STOKESAY CLOSE is 111m², which includes one extension, according to the EPC inspection conducted in June 2021. 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 7 STOKESAY CLOSE lies on this distribution: 41% of detached houses houses are smaller than 7 STOKESAY CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Craven Arms.

7 STOKESAY CLOSE: Plot and Title Map

7 STOKESAY CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 7 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 7 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 7 STOKESAY CLOSE?

7 STOKESAY CLOSE is located in CRAVEN ARMS, in the SY7 postcode district. The below map shows the position of No. 7 on STOKESAY CLOSE.