7, FOSTERS CLOSE, STOCK, INGATESTONE, CM4 9FD - £287,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 FOSTERS CLOSE is a very small detached house of 88m², built sometime from 2007 onwards, which could now be worth an estimated £285,675. It was last sold for £287,500 in April 2022, which was around 57% below the average April 2022 detached price in the Chelmsford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

7 FOSTERS CLOSE Sold Prices

Land registry data shows two sales for 7 FOSTERS CLOSE 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 7 FOSTERS CLOSE 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
2022 6 APR	£287,500	£672,019	57% below HPI
2008 18 JUN	£140,000	£385,225	64% below HPI

7 FOSTERS CLOSE 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 7 FOSTERS CLOSE sales from June 2008 and April 2022 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 June 2008 sale was for 64% below the HPI. So the extrapolation line tracks at 64% below the HPI over time, until the April 2022 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

What might 7 FOSTERS CLOSE be worth now?

7 FOSTERS CLOSE might now be worth an estimated £285,675.

This is based on house price deflation of 0.6%, between April 2022 and December 2024, 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 0.6% deflationary decrease is applied to the most recent sale price for 7 FOSTERS CLOSE of £287,500 on 6th April 2022. For the value to have decreased from £287,500 to £285,675 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 7 FOSTERS CLOSE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The April 2022 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 7 FOSTERS CLOSE has not materially changed since April 2022.

How Large is 7 FOSTERS CLOSE?

7 FOSTERS CLOSE is 88m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 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 FOSTERS CLOSE lies on this distribution: 5% of detached houses houses are smaller than 7 FOSTERS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stock.

7 FOSTERS CLOSE: Plot and Title Map

7 FOSTERS CLOSE sits on a plot of roughly 0.745 of an acre, or 3,016m². The below map shows the location of 7 FOSTERS CLOSE, 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 FOSTERS CLOSE). 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 FOSTERS CLOSE?

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