31, BACK LANE, STOCK, INGATESTONE, CM4 9DE - £1,120,000

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.

31 BACK LANE is a detached house, which could now be worth an estimated £1,265,164. It was last sold for £1,120,000 in August 2021, which was around 84% above the average August 2021 detached price in the Chelmsford local authority area.

31 BACK LANE Sold Prices

Land registry data shows three sales for 31 BACK LANE 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 31 BACK 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
2021 16 AUG	£1,120,000	£609,988	84% above HPI
2008 23 JAN	£650,000	£390,335	67% above HPI
1999 7 JUL	£250,000	£151,045	66% above HPI

What might 31 BACK LANE be worth now?

31 BACK LANE might now be worth an estimated £1,265,164.

This is based on house price inflation of 13%, between August 2021 and May 2026, 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 13% inflationary increase is applied to the most recent sale price for 31 BACK LANE of £1,120,000 on 16th August 2021. For the value to have increased from £1,120,000 to £1,265,164 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 31 BACK LANE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The August 2021 sale price of £1,120,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BACK LANE has not materially changed since August 2021.

Where is 31 BACK LANE?

31 BACK LANE is located in STOCK, in the CM4 postcode district.