37, LOTTEM ROAD, CANVEY ISLAND, SS8 7HX - £154,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

37 LOTTEM ROAD is a very small detached house of 40m², built sometime between 1950 and 1966. It was last sold for £154,000 in May 2015, which was around 50% below the average May 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

37 LOTTEM ROAD Sold Prices

Land registry data shows two sales for 37 LOTTEM ROAD 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. Both of the two 37 LOTTEM ROAD sales were 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
2015 8 MAY	£154,000	£308,689	50% below HPI
1999 12 FEB	£46,500	£95,953	52% below HPI

37 LOTTEM ROAD 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 37 LOTTEM ROAD sales from February 1999 and May 2015 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 February 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2015 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 37 LOTTEM ROAD?

37 LOTTEM ROAD is 40m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% of detached houses in Canvey Island, based on EPC data. The below chart shows the distribution of detached houses by size in Canvey Island, and where 37 LOTTEM ROAD lies on this distribution: 6% of detached houses are smaller than 37 LOTTEM ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

37 LOTTEM ROAD: Plot and Title Map

37 LOTTEM ROAD sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 37 LOTTEM ROAD, 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 37 LOTTEM ROAD). 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 37 LOTTEM ROAD?

37 LOTTEM ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 37 on LOTTEM ROAD.