27, THE SQUARE, STOCK, INGATESTONE, CM4 9LH - £655,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 THE SQUARE is a very small detached house of 116m², built in 2021. It was last sold for £655,000 in March 2022, which was about the average March 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

27 THE SQUARE Sold Prices

Land registry data shows two sales for 27 THE SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. One of the two 27 THE SQUARE sales was roughly equal to the average price, whilst the other was 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
2022 2 MAR	£655,000	£653,735	Close to HPI
2020 11 NOV	£455,000	£586,161	22% below HPI

27 THE SQUARE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 27 THE SQUARE sales from November 2020 and March 2022 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 November 2020 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 27 THE SQUARE?

27 THE SQUARE is 116m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Stock, based on EPC data. The below chart shows the distribution of detached houses by size in Stock, and where 27 THE SQUARE lies on this distribution: 14% of detached houses are smaller than 27 THE SQUARE, and 86% of houses are larger. Note that EPC data is not available for all properties in Stock.

27 THE SQUARE: Plot and Title Map

27 THE SQUARE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 27 THE SQUARE, 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 27 THE SQUARE). 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 27 THE SQUARE?

27 THE SQUARE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 27 on THE SQUARE.