8, LYCHGATE CLOSE, BURBAGE, HINCKLEY, LE10 2ES - £340,000

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.

8 LYCHGATE CLOSE is a very small detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £583,628. It was last sold for £340,000 in May 2014, which was around 53% above the average May 2014 detached price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

8 LYCHGATE CLOSE Sold Prices

Land registry data shows two sales for 8 LYCHGATE CLOSE 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 8 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
2014 2 MAY	£340,000	£221,984	53% above HPI
2007 12 MAR	£295,000	£222,420	33% above HPI

8 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 two 8 LYCHGATE CLOSE sales from March 2007 and May 2014 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 March 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the May 2014 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 8 LYCHGATE CLOSE be worth now?

8 LYCHGATE CLOSE might now be worth an estimated £583,628.

This is based on house price inflation of 71.7%, between May 2014 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 71.7% inflationary increase is applied to the most recent sale price for 8 LYCHGATE CLOSE of £340,000 on 2nd May 2014. For the value to have increased from £340,000 to £583,628 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 8 LYCHGATE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2014 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LYCHGATE CLOSE has not materially changed since May 2014.

How Large is 8 LYCHGATE CLOSE?

8 LYCHGATE CLOSE is 82m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 20% 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 8 LYCHGATE CLOSE lies on this distribution: 16% of detached houses houses are smaller than 8 LYCHGATE CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

8 LYCHGATE CLOSE: Plot and Title Map

8 LYCHGATE CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 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 8 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 8 LYCHGATE CLOSE?

8 LYCHGATE CLOSE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 8 on LYCHGATE CLOSE.