27, WELL LANE, STOCK, INGATESTONE, CM4 9LZ - £1,600,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

27 WELL LANE is a very large detached house of 336m². It was last sold for £1,600,000 in July 2018, which was around 181% above the average July 2018 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was B.

27 WELL LANE Sold Prices

Land registry data shows three sales for 27 WELL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. All of the three 27 WELL LANE sales were for above 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
2018 6 JUL	£1,600,000	£568,938	181% above HPI
2016 9 SEP	£725,000	£540,296	34% above HPI
2012 16 NOV	£575,000	£388,484	48% above HPI

27 WELL LANE 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 three 27 WELL LANE sales between November 2012 and July 2018 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 September 2016 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the July 2018 sale, where it rises to 181% above the HPI. The line then continues to track at 181% above the HPI.

How Large is 27 WELL LANE?

27 WELL LANE is 336m² according to the EPC inspection conducted in April 2018. This puts it in the largest 10% 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 WELL LANE lies on this distribution: 90% of detached houses are smaller than 27 WELL LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stock.

27 WELL LANE: Plot and Title Map

27 WELL LANE sits on a plot of roughly 0.265 of an acre, or 1,072m². The below map shows the location of 27 WELL LANE, 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 WELL LANE). 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 WELL LANE?

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