The most common and most likely answer to this crossword clue is the 8 letter word GRASMERE
I've seen this crossword clue in Financial Times
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More clues leading to the result GRASMERE
- Chat idly about river near simple home of Wordsworth
- Rare gems scattered in Lakeland village
- Agree to get involved with Mrs Wordsworth’s home
- Lakeside village agrees with Mr Silly
- German writer finishing off at simple Cumbrian village
- Same rocks in slip piled up under good Lakeland location
- US actor bypasses crowd around small home of Wordsworth
Buddy explains!

The straight part
We know that "Lakeside village" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case lakeside village = grasmere.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.