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

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.

63 LYCHGATE LANE is a very large extended detached house of 223m², built sometime between 1950 and 1966, which could now be worth an estimated £636,987. It was last sold for £400,000 in March 2016, which was around 67% 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	£239,281	67% above HPI
2004 16 APR	£249,950	£181,608	38% 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 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2016 sale, where it rises to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might 63 LYCHGATE LANE be worth now?

63 LYCHGATE LANE might now be worth an estimated £636,987.

This is based on house price inflation of 59.2%, between March 2016 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 59.2% inflationary increase is applied to the most recent sale price for 63 LYCHGATE LANE of £400,000 on 31st March 2016. For the value to have increased from £400,000 to £636,987 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 63 LYCHGATE LANE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The March 2016 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 63 LYCHGATE LANE has not materially changed since March 2016.

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 houses in Hinckley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinckley, and where 63 LYCHGATE LANE lies on this distribution: 97% of detached houses 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.