31, WELL LANE, STOCK, INGATESTONE, CM4 9LZ - £675,000

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

31 WELL LANE is a small extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £675,000 in August 2012, which was around 75% above the average August 2012 detached price in the Chelmsford local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

31 WELL LANE Sold Prices

Land registry data shows three sales for 31 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 31 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
2012 7 AUG	£675,000	£385,788	75% above HPI
2001 12 JAN	£380,000	£193,601	96% above HPI
2000 24 MAR	£242,000	£173,379	40% above HPI

31 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 31 WELL LANE sales between March 2000 and August 2012 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 January 2001 sale was for 96% above the HPI. So the extrapolation line tracks at 96% above the HPI over time, until the August 2012 sale, where it falls to 75% above the HPI. The line then continues to track at 75% above the HPI.

How Large is 31 WELL LANE?

31 WELL LANE is 137m², which includes two extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 30% of detached houses in Stock, based on EPC data. The below chart shows the distribution of detached houses by size in Stock, and where 31 WELL LANE lies on this distribution: 27% of detached houses are smaller than 31 WELL LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Stock.

31 WELL LANE: Plot and Title Map

31 WELL LANE sits on a plot of roughly 0.222 of an acre, or 899m². The below map shows the location of 31 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 31 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 31 WELL LANE?

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