14, LYCHGATE CLOSE, BURBAGE, HINCKLEY, LE10 2ES - £310,000

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.

14 LYCHGATE CLOSE is a detached house, which could now be worth an estimated £582,086. It was last sold for £310,000 in May 2005, which was around 52% above the average May 2005 detached price in the Hinckley and Bosworth local authority area.

14 LYCHGATE CLOSE Sold Prices

Land registry data shows three sales for 14 LYCHGATE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hinckley and Bosworth local authority area for the corresponding sale date. All of the three 14 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
2005 18 MAY	£310,000	£204,426	52% above HPI
2005 7 APR	£329,000	£203,501	62% above HPI
2000 15 DEC	£197,500	£109,501	80% above HPI

What might 14 LYCHGATE CLOSE be worth now?

14 LYCHGATE CLOSE might now be worth an estimated £582,086.

This is based on house price inflation of 87.8%, between May 2005 and May 2026, 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 87.8% inflationary increase is applied to the most recent sale price for 14 LYCHGATE CLOSE of £310,000 on 18th May 2005. For the value to have increased from £310,000 to £582,086 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 14 LYCHGATE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2005 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LYCHGATE CLOSE has not materially changed since May 2005.

Where is 14 LYCHGATE CLOSE?

14 LYCHGATE CLOSE is located in BURBAGE, in the LE10 postcode district.