18, WELL LANE, STOCK, INGATESTONE, CM4 9LT - £925,000

18 WELL LANE is a very small detached house of 112m², built sometime between 1967 and 1975. It was last sold for £925,000 in September 2020, which was around 56% above the average September 2020 detached price in the Chelmsford local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was C.

18 WELL LANE Sold Prices

Land registry data shows two sales for 18 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. One of the two 18 WELL LANE sales was for above the average price, whilst the other was 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
2020 11 SEP	£925,000	£591,655	56% above HPI
2018 30 NOV	£470,000	£577,768	19% below HPI

18 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 18 WELL LANE sales from November 2018 and September 2020 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 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 18 WELL LANE?

18 WELL LANE is 112m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Stock, based on EPC data. The below chart shows the distribution of detached houses by size in Stock, and where 18 WELL LANE lies on this distribution: 12% of detached houses are smaller than 18 WELL LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Stock.

18 WELL LANE: Plot and Title Map

18 WELL LANE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 18 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 18 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 18 WELL LANE?

18 WELL LANE is located in STOCK, in the CM4 postcode district. The below map shows the position of No. 18 on WELL LANE.