63, LYCHGATE LANE, BURBAGE, HINCKLEY, LE10 2DR - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

63 LYCHGATE LANE is a very large extended detached house of 223m², built sometime between 1950 and 1966. It was last sold for £400,000 in March 2016, which was around 59% above the average March 2016 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

63 LYCHGATE LANE Sold Prices

Land registry data shows two sales for 63 LYCHGATE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 63 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
2016 31 MAR	£400,000	£251,758	59% above HPI
2004 16 APR	£249,950	£191,078	31% above HPI

63 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 two 63 LYCHGATE LANE sales from April 2004 and March 2016 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 April 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the March 2016 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 63 LYCHGATE LANE?

63 LYCHGATE LANE is 223m², which includes two extensions, according to the EPC inspection conducted in August 2015. 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 63 LYCHGATE LANE lies on this distribution: 97% of detached houses are smaller than 63 LYCHGATE LANE, and 3% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

63 LYCHGATE LANE: Plot and Title Map

63 LYCHGATE LANE sits on a plot of roughly 0.201 of an acre, or 814m². The below map shows the location of 63 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 63 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 63 LYCHGATE LANE?

63 LYCHGATE LANE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 63 on LYCHGATE LANE.