7, COMMON ROAD, STOCK, INGATESTONE, CM4 9LY - £1,972,000

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 ROAD is a very large detached house of 411m², which could now be worth an estimated £2,190,127. It was last sold for £1,972,000 in June 2021, which was around 229% above the average June 2021 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was B.

7 COMMON ROAD Sold Prices

Land registry data shows three sales for 7 COMMON ROAD 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 7 COMMON ROAD 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
2021 16 JUN	£1,972,000	£599,220	229% above HPI
2017 22 NOV	£602,000	£563,903	7% above HPI
2016 31 MAR	£1,100,000	£524,026	110% above HPI

7 COMMON ROAD 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 7 COMMON ROAD sales between March 2016 and June 2021 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 November 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2021 sale, where it rises to 229% above the HPI. The line then continues to track at 229% above the HPI.

What might 7 COMMON ROAD be worth now?

7 COMMON ROAD might now be worth an estimated £2,190,127.

This is based on house price inflation of 11.1%, between June 2021 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 11.1% inflationary increase is applied to the most recent sale price for 7 COMMON ROAD of £1,972,000 on 16th June 2021. For the value to have increased from £1,972,000 to £2,190,127 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 7 COMMON ROAD has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The June 2021 sale price of £1,972,000 represented a fair market value for the property.
• The size, condition, and specification of 7 COMMON ROAD has not materially changed since June 2021.

How Large is 7 COMMON ROAD?

7 COMMON ROAD is 411m² according to the EPC inspection conducted in October 2019. This puts it in the largest 10% 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 7 COMMON ROAD lies on this distribution: 96% of detached houses houses are smaller than 7 COMMON ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Stock.

7 COMMON ROAD: Plot and Title Map

7 COMMON ROAD sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of 7 COMMON ROAD, 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 ROAD). 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 ROAD?

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