33, WELL LANE, STOCK, INGATESTONE, CM4 9LZ - £1,125,000

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

33 WELL LANE is a small extended detached house of 161m², built sometime between 1967 and 1975. It was last sold for £1,125,000 in April 2023, which was around 67% above the average April 2023 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

33 WELL LANE Sold Prices

Land registry data shows three sales for 33 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 33 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
2023 28 APR	£1,125,000	£672,928	67% above HPI
2010 8 JAN	£675,000	£353,554	91% above HPI
1999 21 JUL	£223,000	£149,452	49% above HPI

33 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 33 WELL LANE sales between July 1999 and April 2023 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 2010 sale was for 91% above the HPI. So the extrapolation line tracks at 91% above the HPI over time, until the April 2023 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

How Large is 33 WELL LANE?

33 WELL LANE is 161m², which includes four extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Stock, based on EPC data. The below chart shows the distribution of detached houses by size in Stock, and where 33 WELL LANE lies on this distribution: 39% of detached houses are smaller than 33 WELL LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in Stock.

33 WELL LANE: Plot and Title Map

33 WELL LANE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 33 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 33 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 33 WELL LANE?

33 WELL LANE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 33 on WELL LANE.