7, COMMON LANE, STOCK, INGATESTONE, CM4 9LP - £249,000

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.

7 COMMON LANE is a very small extended semi-detached house of 83m², built sometime before 1900, which could now be worth an estimated £473,065. It was last sold for £249,000 in February 2010, which was around 15% above the average February 2010 semi-detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

7 COMMON LANE Sold Prices

Land registry data shows two sales for 7 COMMON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two 7 COMMON 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
2010 16 FEB	£249,000	£216,582	15% above HPI
1999 4 MAR	£141,000	£81,144	74% above HPI

7 COMMON LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Chelmsford local authority area over time, sourced from the HPI. The two 7 COMMON LANE sales from March 1999 and February 2010 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 March 1999 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the February 2010 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 7 COMMON LANE be worth now?

7 COMMON LANE might now be worth an estimated £473,065.

This is based on house price inflation of 90%, between February 2010 and February 2025, for semi-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 90% inflationary increase is applied to the most recent sale price for 7 COMMON LANE of £249,000 on 16th February 2010. For the value to have increased from £249,000 to £473,065 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of 7 COMMON LANE has moved in line with the HPI for semi-detached houses in the Chelmsford local authority area.
• The February 2010 sale price of £249,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COMMON LANE has not materially changed since February 2010.

How Large is 7 COMMON LANE?

7 COMMON LANE is 83m², which includes four extensions, according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Stock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stock, and where 7 COMMON LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 7 COMMON LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stock.

7 COMMON LANE: Plot and Title Map

7 COMMON LANE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 7 COMMON 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 7 COMMON 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 7 COMMON LANE?

7 COMMON LANE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 7 on COMMON LANE.