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According to the public record, Merretts, Ingatestone is a mid-century freehold house with 4,972 ft2 of internal area and sits on a 11,553 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Merretts, Ingatestone is £1,620,688 and the estimated rental value is £4,168 per month.
Mill Lane, Stock, Ingatestone, CM4 is located in the borough of Chelmsford within the CM4 postal district.
Merretts, Ingatestone has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated December 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Merretts, Ingatestone is in very good condition we estimate a sale value of £1,701,722 and a rental value of £4,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,507,239 and a rental value of £3,876 per month.
Over the last 12 months the sale value of Merretts Ingatestone has decreased by an estimated £34,709 (2.1%) and its rental value has increased by an estimated £112 per month (2.7%), giving an expected gross yield of 3.1%.
According to data from HM Land Registry, Merretts, Ingatestone sits on a plot of 11553m2.
We have plot size data on 30 out of 32 other houses in the postcode and Merretts, Ingatestone sits on the largest plot.
Merretts, Ingatestone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Dec 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, Merretts, Ingatestone was last sold on 28th October 2020 for £1,500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has risen 4.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Merretts, Ingatestone within a radius of 2.8 kilometres over the last 2 years.
The most recent example is Longfield Barn, The Tye, Ingatestone, CM4 9JX, a freehold house which sold for £472,500 on the 16th September 2020.
Read more about house prices in CM4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Stock, Ingatestone, CM4 has a total of 40 addresses. According to our analysis of all the public data, Merretts, Ingatestone is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £875k more expensive than the average property in CM4.
The closest station to Merretts, Ingatestone is Billericay station which is 4.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Merretts, Ingatestone, 65.7% of property is privately owned outright and 26.6% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Merretts, Ingatestone, 17.1% of residents are recorded as possessing school level qualifications and 41.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Merretts, Ingatestone, the average age was 47.1 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Merretts, Ingatestone, 4.4% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Merretts, Ingatestone, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
