2, LYCHGATE CLOSE, BURBAGE, HINCKLEY, LE10 2ES - £305,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 LYCHGATE CLOSE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £305,000 in October 2015, which was around 21% above the average October 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

2 LYCHGATE CLOSE Sold Prices

Land registry data shows three sales for 2 LYCHGATE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 2 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
2015 16 OCT	£305,000	£252,930	21% above HPI
2004 10 AUG	£247,500	£206,467	20% above HPI
1998 6 JUL	£114,000	£85,974	33% above HPI

2 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 three 2 LYCHGATE CLOSE sales between July 1998 and October 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 August 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2015 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 LYCHGATE CLOSE?

2 LYCHGATE CLOSE is 95m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 2 LYCHGATE CLOSE lies on this distribution: 32% of detached houses are smaller than 2 LYCHGATE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

2 LYCHGATE CLOSE: Plot and Title Map

2 LYCHGATE CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 2 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 2 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 2 LYCHGATE CLOSE?

2 LYCHGATE CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 2 on LYCHGATE CLOSE.