31, MILL ROAD, STOCK, INGATESTONE, CM4 9LN - £1,150,000

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

31 MILL ROAD is a very large extended detached house of 268m², built sometime between 2003 and 2006, which could now be worth an estimated £1,824,210. It was last sold for £1,150,000 in April 2014, which was around 173% above the average April 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

31 MILL ROAD Sold Prices

Land registry data shows three sales for 31 MILL ROAD 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. One of the three 31 MILL ROAD sales was for above the average price, whilst two 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
2014 15 APR	£1,150,000	£420,958	173% above HPI
2003 28 FEB	£250,000	£287,800	13% below HPI
2002 31 MAY	£235,000	£240,671	2% below HPI

31 MILL ROAD 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 31 MILL ROAD sales between May 2002 and April 2014 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 February 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2014 sale, where it rises to 173% above the HPI. The line then continues to track at 173% above the HPI.

What might 31 MILL ROAD be worth now?

31 MILL ROAD might now be worth an estimated £1,824,210.

This is based on house price inflation of 58.6%, between April 2014 and December 2024, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.6% inflationary increase is applied to the most recent sale price for 31 MILL ROAD of £1,150,000 on 15th April 2014. For the value to have increased from £1,150,000 to £1,824,210 over the nine years and four months to December 2024, the following assumptions must hold true:

• The value of 31 MILL ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2014 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MILL ROAD has not materially changed since April 2014.

How Large is 31 MILL ROAD?

31 MILL ROAD is 268m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses houses in Stock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stock, and where 31 MILL ROAD lies on this distribution: 81% of detached houses houses are smaller than 31 MILL ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Stock.

31 MILL ROAD: Plot and Title Map

31 MILL ROAD sits on a plot of roughly 0.253 of an acre, or 1,025m². The below map shows the location of 31 MILL ROAD, 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 31 MILL ROAD). 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 31 MILL ROAD?

31 MILL ROAD is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 31 on MILL ROAD.