34, LYCHGATE CLOSE, BURBAGE, HINCKLEY, LE10 2ES - £463,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

34 LYCHGATE CLOSE is a very large extended detached house of 199m², built sometime between 1996 and 2002, which could now be worth an estimated £658,804. It was last sold for £463,000 in May 2017, which was around 73% above the average May 2017 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

34 LYCHGATE CLOSE Sold Prices

Land registry data shows three sales for 34 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 34 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
2017 25 MAY	£463,000	£268,327	73% above HPI
2005 31 JAN	£309,950	£200,434	55% above HPI
2001 10 AUG	£212,000	£114,160	86% above HPI

34 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 34 LYCHGATE CLOSE sales between August 2001 and May 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 January 2005 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2017 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 34 LYCHGATE CLOSE be worth now?

34 LYCHGATE CLOSE might now be worth an estimated £658,804.

This is based on house price inflation of 42.3%, between May 2017 and December 2024, 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 42.3% inflationary increase is applied to the most recent sale price for 34 LYCHGATE CLOSE of £463,000 on 25th May 2017. For the value to have increased from £463,000 to £658,804 over the six years and five months to December 2024, the following assumptions must hold true:

• The value of 34 LYCHGATE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2017 sale price of £463,000 represented a fair market value for the property.
• The size, condition, and specification of 34 LYCHGATE CLOSE has not materially changed since May 2017.

How Large is 34 LYCHGATE CLOSE?

34 LYCHGATE CLOSE is 199m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 10% 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 34 LYCHGATE CLOSE lies on this distribution: 93% of detached houses houses are smaller than 34 LYCHGATE CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

34 LYCHGATE CLOSE: Plot and Title Map

34 LYCHGATE CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 34 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 34 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 34 LYCHGATE CLOSE?

34 LYCHGATE CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 34 on LYCHGATE CLOSE.