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

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

34 LYCHGATE CLOSE is a very large extended detached house of 199m², built sometime between 1996 and 2002. It was last sold for £463,000 in May 2017, which was around 64% 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	£282,319	64% above HPI
2005 31 JAN	£309,950	£210,886	47% above HPI
2001 10 AUG	£212,000	£120,112	77% 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 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2017 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

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 in Hinckley, based on EPC data. The below chart shows the distribution of detached houses by size in Hinckley, and where 34 LYCHGATE CLOSE lies on this distribution: 93% of detached 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.