28, LYCHGATE CLOSE, BURBAGE, HINCKLEY, LE10 2ES - £375,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 LYCHGATE CLOSE is a very large detached house of 165m², built sometime between 2003 and 2006, which could now be worth an estimated £694,240. It was last sold for £375,000 in December 2012, which was around 82% above the average December 2012 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

28 LYCHGATE CLOSE Sold Prices

Land registry data shows three sales for 28 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 28 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
2012 20 DEC	£375,000	£205,826	82% above HPI
2004 23 JAN	£325,000	£175,987	85% above HPI
2001 22 JUN	£238,500	£111,724	113% above HPI

28 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 28 LYCHGATE CLOSE sales between June 2001 and December 2012 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 January 2004 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the December 2012 sale, where it falls to 82% above the HPI. The line then continues to track at 82% above the HPI.

What might 28 LYCHGATE CLOSE be worth now?

28 LYCHGATE CLOSE might now be worth an estimated £694,240.

This is based on house price inflation of 85.1%, between December 2012 and February 2025, for detached houses, in the Hinckley and Bosworth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.1% inflationary increase is applied to the most recent sale price for 28 LYCHGATE CLOSE of £375,000 on 20th December 2012. For the value to have increased from £375,000 to £694,240 over the thirteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 28 LYCHGATE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The December 2012 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 28 LYCHGATE CLOSE has not materially changed since December 2012.

How Large is 28 LYCHGATE CLOSE?

28 LYCHGATE CLOSE is 165m² according to the EPC inspection conducted in August 2012. This puts it in the largest 20% of detached houses houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 28 LYCHGATE CLOSE lies on this distribution: 87% of detached houses houses are smaller than 28 LYCHGATE CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

28 LYCHGATE CLOSE: Plot and Title Map

28 LYCHGATE CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 28 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 28 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 28 LYCHGATE CLOSE?

28 LYCHGATE CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 28 on LYCHGATE CLOSE.