2, LAMBOURNE, CANVEY ISLAND, SS8 0FG - £415,000

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.

2 LAMBOURNE is a midsized extended detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £433,977. It was last sold for £415,000 in September 2021, which was around 6% below the average September 2021 detached price in the Castle Point local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

2 LAMBOURNE Sold Prices

Land registry data shows two sales for 2 LAMBOURNE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. One of the two 2 LAMBOURNE sales was for below the average price, whilst the other was 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 24 SEP	£415,000	£443,152	6% below HPI
1998 22 MAY	£98,325	£95,215	3% above HPI

2 LAMBOURNE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Castle Point local authority area over time, sourced from the HPI. The two 2 LAMBOURNE sales from May 1998 and September 2021 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 May 1998 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 LAMBOURNE be worth now?

2 LAMBOURNE might now be worth an estimated £433,977.

This is based on house price inflation of 4.6%, between September 2021 and February 2025, for detached houses, in the Castle Point local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 2 LAMBOURNE of £415,000 on 24th September 2021. For the value to have increased from £415,000 to £433,977 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 LAMBOURNE has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The September 2021 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LAMBOURNE has not materially changed since September 2021.

How Large is 2 LAMBOURNE?

2 LAMBOURNE is 91m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 50% of detached houses houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses houses by size in Canvey Island, and where 2 LAMBOURNE lies on this distribution: 52% of detached houses houses are smaller than 2 LAMBOURNE, and 47% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

2 LAMBOURNE: Plot and Title Map

2 LAMBOURNE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 2 LAMBOURNE, 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 2 LAMBOURNE). 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 2 LAMBOURNE?

2 LAMBOURNE is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 2 on LAMBOURNE.