3, LYCHGATE LANE, BURBAGE, HINCKLEY, LE10 2DR - £265,000

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.

3 LYCHGATE LANE is a small extended terraced house of 92m², built sometime between 1930 and 1949, which could now be worth an estimated £276,865. It was last sold for £265,000 in January 2024, which was around 38% above the average January 2024 terraced price in the Hinckley and Bosworth local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

3 LYCHGATE LANE Sold Prices

Land registry data shows two sales for 3 LYCHGATE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Hinckley and Bosworth local authority area for the corresponding sale date. Both of the two 3 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
2024 31 JAN	£265,000	£192,654	38% above HPI
2022 7 FEB	£210,000	£185,886	13% above HPI

3 LYCHGATE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hinckley and Bosworth local authority area over time, sourced from the HPI. The two 3 LYCHGATE LANE sales from February 2022 and January 2024 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 February 2022 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the January 2024 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 3 LYCHGATE LANE be worth now?

3 LYCHGATE LANE might now be worth an estimated £276,865.

This is based on house price inflation of 4.5%, between January 2024 and May 2026, for terraced 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 4.5% inflationary increase is applied to the most recent sale price for 3 LYCHGATE LANE of £265,000 on 31st January 2024. For the value to have increased from £265,000 to £276,865 over the one year and eight months to May 2026, the following assumptions must hold true:

• The value of 3 LYCHGATE LANE has moved in line with the HPI for terraced houses in the Hinckley and Bosworth local authority area.
• The January 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LYCHGATE LANE has not materially changed since January 2024.

How Large is 3 LYCHGATE LANE?

3 LYCHGATE LANE is 92m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of terraced houses houses in Hinckley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hinckley, and where 3 LYCHGATE LANE lies on this distribution: 28% of terraced houses houses are smaller than 3 LYCHGATE LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Hinckley.

3 LYCHGATE LANE: Plot and Title Map

3 LYCHGATE LANE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 3 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 3 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 3 LYCHGATE LANE?

3 LYCHGATE LANE is located in BURBAGE, in the LE10 postcode district. The below map shows the position of No. 3 on LYCHGATE LANE.