36, LYCHGATE LANE, BURBAGE, HINCKLEY, LE10 2DS - £345,000

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.

36 LYCHGATE LANE is a large detached house of 139m², built sometime between 1967 and 1975, which could now be worth an estimated £578,045. It was last sold for £345,000 in March 2015, which was around 52% above the average March 2015 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

36 LYCHGATE LANE Sold Prices

Land registry data shows four sales for 36 LYCHGATE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Most of the four 36 LYCHGATE LANE 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 20 MAR	£345,000	£227,424	52% above HPI
2012 6 SEP	£272,500	£203,971	34% above HPI
2001 14 FEB	£177,000	£113,167	56% above HPI
1997 4 NOV	£60,000	£81,994	27% below HPI

36 LYCHGATE LANE 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 four 36 LYCHGATE LANE sales between November 1997 and March 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 September 2012 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2015 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 36 LYCHGATE LANE be worth now?

36 LYCHGATE LANE might now be worth an estimated £578,045.

This is based on house price inflation of 67.5%, between March 2015 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 67.5% inflationary increase is applied to the most recent sale price for 36 LYCHGATE LANE of £345,000 on 20th March 2015. For the value to have increased from £345,000 to £578,045 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 36 LYCHGATE LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The March 2015 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 36 LYCHGATE LANE has not materially changed since March 2015.

How Large is 36 LYCHGATE LANE?

36 LYCHGATE LANE is 139m² according to the EPC inspection conducted in June 2012. This puts it in the largest 30% 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 36 LYCHGATE LANE lies on this distribution: 76% of detached houses houses are smaller than 36 LYCHGATE LANE, and 24% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

36 LYCHGATE LANE: Plot and Title Map

36 LYCHGATE LANE sits on a plot of roughly 0.165 of an acre, or 667m². The below map shows the location of 36 LYCHGATE LANE, 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 36 LYCHGATE LANE). 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 36 LYCHGATE LANE?

36 LYCHGATE LANE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 36 on LYCHGATE LANE.