8, MILL LANE, STOCK, INGATESTONE, CM4 9RY - £775,000

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

8 MILL LANE is a small extended detached house of 157m², built sometime between 1930 and 1949. It was last sold for £775,000 in September 2014, which was around 76% above the average September 2014 detached price in the Chelmsford local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

8 MILL LANE Sold Prices

Land registry data shows two sales for 8 MILL 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 8 MILL 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
2014 1 SEP	£775,000	£440,884	76% above HPI
2010 30 JUN	£495,000	£367,999	35% above HPI

8 MILL 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 8 MILL LANE sales from June 2010 and September 2014 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 2010 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the September 2014 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

How Large is 8 MILL LANE?

8 MILL LANE is 157m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of detached houses in Stock, based on EPC data. The below chart shows the distribution of detached houses by size in Stock, and where 8 MILL LANE lies on this distribution: 37% of detached houses are smaller than 8 MILL LANE, and 63% of houses are larger. Note that EPC data is not available for all properties in Stock.

8 MILL LANE: Plot and Title Map

8 MILL LANE sits on a plot of roughly 0.242 of an acre, or 979m². The below map shows the location of 8 MILL 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 8 MILL 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 8 MILL LANE?

8 MILL LANE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 8 on MILL LANE.