MARTELLO, BROOK ROAD, CRAVEN ARMS, SY7 9RD - £115,000

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.

MARTELLO is a large extended detached house of 143m², built sometime between 1976 and 1982, which could now be worth an estimated £302,733. It was last sold for £115,000 in June 2002, which was around 27% below the average June 2002 detached price in the Shropshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

MARTELLO Sold Prices

Land registry data shows two sales for MARTELLO 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 MARTELLO 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
2002 14 JUN	£115,000	£158,515	27% below HPI
2000 26 JUN	£97,500	£122,367	20% below HPI

MARTELLO 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 MARTELLO sales from June 2000 and June 2002 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 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2002 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might MARTELLO be worth now?

MARTELLO might now be worth an estimated £302,733.

This is based on house price inflation of 163.2%, between June 2002 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 163.2% inflationary increase is applied to the most recent sale price for MARTELLO of £115,000 on 14th June 2002. For the value to have increased from £115,000 to £302,733 over the 23 years and four months to February 2025, the following assumptions must hold true:

• The value of MARTELLO has moved in line with the HPI for detached houses in the Shropshire local authority area.
• The June 2002 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of MARTELLO has not materially changed since June 2002.

How Large is MARTELLO?

MARTELLO is 143m², which includes two extensions, according to the EPC inspection conducted in June 2016. This puts it in the largest 30% 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 MARTELLO lies on this distribution: 76% of detached houses houses are smaller than MARTELLO, and 24% of houses are larger. Note that EPC data is not available for all properties in Craven Arms.

MARTELLO: Plot and Title Map

MARTELLO sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of MARTELLO, 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 MARTELLO). 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 MARTELLO?

MARTELLO is located on BROOK ROAD in CRAVEN ARMS, in the SY7 postcode district. The below map shows the position of MARTELLO on BROOK ROAD.