46, WELL LANE, STOCK, INGATESTONE, CM4 9LZ - £495,000

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.

46 WELL LANE is a small extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £556,073. It was last sold for £495,000 in November 2020, which was around 16% below the average November 2020 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.

46 WELL LANE Sold Prices

Land registry data shows four sales for 46 WELL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Most of the four 46 WELL LANE sales 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
2020 25 NOV	£495,000	£592,410	16% below HPI
2013 11 JUL	£495,000	£392,077	26% above HPI
2003 28 FEB	£248,495	£287,800	14% below HPI
2003 7 JAN	£185,000	£285,482	35% below HPI

46 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 four 46 WELL LANE sales between January 2003 and November 2020 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 July 2013 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the November 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 46 WELL LANE be worth now?

46 WELL LANE might now be worth an estimated £556,073.

This is based on house price inflation of 12.3%, between November 2020 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 12.3% inflationary increase is applied to the most recent sale price for 46 WELL LANE of £495,000 on 25th November 2020. For the value to have increased from £495,000 to £556,073 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 46 WELL LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2020 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 46 WELL LANE has not materially changed since November 2020.

How Large is 46 WELL LANE?

46 WELL LANE is 133m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 30% 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 46 WELL LANE lies on this distribution: 27% of detached houses houses are smaller than 46 WELL LANE, and 73% of houses are larger. Note that EPC data is not available for all properties in Stock.

46 WELL LANE: Plot and Title Map

46 WELL LANE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 46 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 46 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 46 WELL LANE?

46 WELL LANE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 46 on WELL LANE.