15, LYCHGATE CLOSE, BURBAGE, HINCKLEY, LE10 2ES - £395,000

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

15 LYCHGATE CLOSE is a large detached house of 136m², built sometime between 1991 and 1995. It was last sold for £395,000 in June 2021, which was around 15% above the average June 2021 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

15 LYCHGATE CLOSE Sold Prices

Land registry data shows two sales for 15 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 Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 15 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
2021 24 JUN	£395,000	£344,034	15% above HPI
2012 3 MAY	£240,000	£213,853	12% above HPI

15 LYCHGATE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 15 LYCHGATE CLOSE sales from May 2012 and June 2021 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 May 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2021 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 15 LYCHGATE CLOSE?

15 LYCHGATE CLOSE is 136m² according to the EPC inspection conducted in February 2012. This puts it in the largest 30% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 15 LYCHGATE CLOSE lies on this distribution: 74% of detached houses are smaller than 15 LYCHGATE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

15 LYCHGATE CLOSE: Plot and Title Map

15 LYCHGATE CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 15 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 15 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 15 LYCHGATE CLOSE?

15 LYCHGATE CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 15 on LYCHGATE CLOSE.