48, WELL LANE, STOCK, INGATESTONE, CM4 9LZ - £990,000

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

48 WELL LANE is a large extended detached house of 233m², built sometime between 2007 and 2011. It was last sold for £990,000 in September 2013, which was around 153% above the average September 2013 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

48 WELL LANE Sold Prices

Land registry data shows two sales for 48 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 48 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
2013 9 SEP	£990,000	£391,996	153% above HPI
2006 28 APR	£380,000	£334,679	14% above HPI

48 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 48 WELL LANE sales from April 2006 and September 2013 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 April 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the September 2013 sale, where it rises to 153% above the HPI. The line then continues to track at 153% above the HPI.

How Large is 48 WELL LANE?

48 WELL LANE is 233m², which includes three extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 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 48 WELL LANE lies on this distribution: 74% of detached houses are smaller than 48 WELL LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Stock.

48 WELL LANE: Plot and Title Map

48 WELL LANE sits on a plot of roughly 0.265 of an acre, or 1,071m². The below map shows the location of 48 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 48 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 48 WELL LANE?

48 WELL LANE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 48 on WELL LANE.