1, LYCHGATE CLOSE, CROPSTON, LEICESTER, LE7 7HU - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LYCHGATE CLOSE is a large extended detached house of 201m², built sometime between 1983 and 1990. It was last sold for £450,000 in January 2006, which was around 92% above the average January 2006 detached price in the Charnwood local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was C.

1 LYCHGATE CLOSE Sold Prices

Land registry data shows two sales for 1 LYCHGATE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Charnwood local authority area for the corresponding sale date. Both of the two 1 LYCHGATE CLOSE 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
2006 27 JAN	£450,000	£234,398	92% above HPI
1997 20 NOV	£181,000	£91,927	97% above HPI

1 LYCHGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Charnwood local authority area over time, sourced from the HPI. The two 1 LYCHGATE CLOSE sales from November 1997 and January 2006 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 November 1997 sale was for 97% above the HPI. So the extrapolation line tracks at 97% above the HPI over time, until the January 2006 sale, where it falls to 92% above the HPI. The line then continues to track at 92% above the HPI.

How Large is 1 LYCHGATE CLOSE?

1 LYCHGATE CLOSE is 201m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the largest 20% of detached houses in Cropston, based on EPC data. The below chart shows the distribution of detached houses by size in Cropston, and where 1 LYCHGATE CLOSE lies on this distribution: 79% of detached houses are smaller than 1 LYCHGATE CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Cropston.

1 LYCHGATE CLOSE: Plot and Title Map

1 LYCHGATE CLOSE sits on a plot of roughly 0.149 of an acre, or 604m². The below map shows the location of 1 LYCHGATE CLOSE, 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 1 LYCHGATE CLOSE). 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 1 LYCHGATE CLOSE?

1 LYCHGATE CLOSE is located in CROPSTON, in the LE7 postcode district. The below map shows the position of No. 1 on LYCHGATE CLOSE.