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
23 LYCHGATE CLOSE is a midsized extended detached house of 116m², built sometime between 1991 and 1995. It was last sold for £366,000 in December 2017, which was around 24% above the average December 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 23 LYCHGATE CLOSE since 1st 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. Two of the three 23 LYCHGATE CLOSE sales were for above the average price, whilst one was for below 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 |
---|---|---|---|
2017 1 DEC | £366,000 | £295,990 | 24% above HPI |
1996 10 JUL | £97,000 | £76,391 | 27% above HPI |
1995 26 JAN | £40,000 | £55,739 | 28% below HPI |
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 23 LYCHGATE CLOSE sales between January 1995 and December 2017 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 July 1996 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the December 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.
23 LYCHGATE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 50% of detached houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 23 LYCHGATE CLOSE lies on this distribution: 55% of detached houses are smaller than 23 LYCHGATE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Hinckley.
23 LYCHGATE CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 23 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 23 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.
23 LYCHGATE CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 23 on LYCHGATE CLOSE.