42, WELL LANE, STOCK, INGATESTONE, CM4 9LZ - £975,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

42 WELL LANE is a midsized detached house of 188m², which could now be worth an estimated £1,475,548. It was last sold for £975,000 in August 2014, which was around 122% above the average August 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2013, where the current energy rating was B, and the potential energy rating was B.

42 WELL LANE Sold Prices

Land registry data shows two sales for 42 WELL LANE 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. Both of the two 42 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
2014 22 AUG	£975,000	£439,744	122% above HPI
2008 29 JAN	£431,000	£390,335	10% above HPI

42 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 two 42 WELL LANE sales from January 2008 and August 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 January 2008 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2014 sale, where it rises to 122% above the HPI. The line then continues to track at 122% above the HPI.

What might 42 WELL LANE be worth now?

42 WELL LANE might now be worth an estimated £1,475,548.

This is based on house price inflation of 51.3%, between August 2014 and February 2025, 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 51.3% inflationary increase is applied to the most recent sale price for 42 WELL LANE of £975,000 on 22nd August 2014. For the value to have increased from £975,000 to £1,475,548 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 42 WELL LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2014 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of 42 WELL LANE has not materially changed since August 2014.

How Large is 42 WELL LANE?

42 WELL LANE is 188m² according to the EPC inspection conducted in May 2013. This puts it in the largest 50% 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 42 WELL LANE lies on this distribution: 51% of detached houses houses are smaller than 42 WELL LANE, and 49% of houses are larger. Note that EPC data is not available for all properties in Stock.

42 WELL LANE: Plot and Title Map

42 WELL LANE sits on a plot of roughly 0.173 of an acre, or 700m². The below map shows the location of 42 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 42 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 42 WELL LANE?

42 WELL LANE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 42 on WELL LANE.