8, LAKESIDE PATH, CANVEY ISLAND, SS8 9PB - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 LAKESIDE PATH is a very large detached house of 132m², built sometime between 1983 and 1990, which could now be worth an estimated £504,872. It was last sold for £390,000 in October 2016, which was around 5% above the average October 2016 detached price in the Castle Point local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

8 LAKESIDE PATH Sold Prices

Land registry data shows three sales for 8 LAKESIDE PATH 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. All of the three 8 LAKESIDE PATH 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
2016 10 OCT	£390,000	£371,399	5% above HPI
2003 30 JAN	£238,000	£205,821	16% above HPI
1997 21 FEB	£106,000	£80,742	31% above HPI

8 LAKESIDE PATH 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 8 LAKESIDE PATH sales between February 1997 and October 2016 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 January 2003 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the October 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 LAKESIDE PATH be worth now?

8 LAKESIDE PATH might now be worth an estimated £504,872.

This is based on house price inflation of 29.5%, between October 2016 and December 2024, 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 29.5% inflationary increase is applied to the most recent sale price for 8 LAKESIDE PATH of £390,000 on 10th October 2016. For the value to have increased from £390,000 to £504,872 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 LAKESIDE PATH has moved in line with the HPI for detached houses in the Castle Point local authority area.
• The October 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAKESIDE PATH has not materially changed since October 2016.

How Large is 8 LAKESIDE PATH?

8 LAKESIDE PATH is 132m² according to the EPC inspection conducted in April 2016. 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 8 LAKESIDE PATH lies on this distribution: 81% of detached houses houses are smaller than 8 LAKESIDE PATH, and 19% of houses are larger. Note that EPC data is not available for all properties in Canvey Island.

8 LAKESIDE PATH: Plot and Title Map

8 LAKESIDE PATH sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 8 LAKESIDE PATH, 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 8 LAKESIDE PATH). 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 8 LAKESIDE PATH?

8 LAKESIDE PATH is located in CANVEY ISLAND, in the SS8 postcode district. The below map shows the position of No. 8 on LAKESIDE PATH.