41, LOTTEM ROAD, CANVEY ISLAND, SS8 7HX - £285,000

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.

41 LOTTEM ROAD is a very large extended detached house of 131m², built sometime between 1967 and 1975, which could now be worth an estimated £420,279. It was last sold for £285,000 in July 2015, which was around 9% below the average July 2015 detached price in the Castle Point local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

41 LOTTEM ROAD Sold Prices

Land registry data shows three sales for 41 LOTTEM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Castle Point local authority area for the corresponding sale date. The three 41 LOTTEM ROAD sales were a mix of below the average price, and roughly equal to 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 14 JUL	£285,000	£314,252	9% below HPI
2007 26 OCT	£270,000	£269,751	Close to HPI
2000 28 JUL	£120,000	£129,736	8% below HPI

41 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 three 41 LOTTEM ROAD sales between July 2000 and July 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 October 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 41 LOTTEM ROAD be worth now?

41 LOTTEM ROAD might now be worth an estimated £420,279.

This is based on house price inflation of 47.5%, between July 2015 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 47.5% inflationary increase is applied to the most recent sale price for 41 LOTTEM ROAD of £285,000 on 14th July 2015. For the value to have increased from £285,000 to £420,279 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 41 LOTTEM ROAD has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The July 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 41 LOTTEM ROAD has not materially changed since July 2015.

How Large is 41 LOTTEM ROAD?

41 LOTTEM ROAD is 131m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% 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 41 LOTTEM ROAD lies on this distribution: 80% of detached houses houses are smaller than 41 LOTTEM ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

41 LOTTEM ROAD: Plot and Title Map

41 LOTTEM ROAD sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 41 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 41 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 41 LOTTEM ROAD?

41 LOTTEM ROAD is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 41 on LOTTEM ROAD.