16, LYCHGATE CLOSE, BURBAGE, HINCKLEY, LE10 2ES - £150,000

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.

16 LYCHGATE CLOSE is a detached house, which could now be worth an estimated £342,234. It was last sold for £150,000 in May 2003, which was around 11% below the average May 2003 detached price in the Hinckley and Bosworth local authority area.

16 LYCHGATE CLOSE Sold Prices

Land registry data shows two sales for 16 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. One of the two 16 LYCHGATE CLOSE sales was for below the average price, whilst the other was 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
2003 13 MAY	£150,000	£168,240	11% below HPI
2000 24 NOV	£135,000	£109,997	23% above HPI

What might 16 LYCHGATE CLOSE be worth now?

16 LYCHGATE CLOSE might now be worth an estimated £342,234.

This is based on house price inflation of 128.2%, between May 2003 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 128.2% inflationary increase is applied to the most recent sale price for 16 LYCHGATE CLOSE of £150,000 on 13th May 2003. For the value to have increased from £150,000 to £342,234 over the 23 years to May 2026, the following assumptions must hold true:

• The value of 16 LYCHGATE CLOSE has moved in line with the HPI for detached houses in the Hinckley and Bosworth local authority area.
• The May 2003 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LYCHGATE CLOSE has not materially changed since May 2003.

Where is 16 LYCHGATE CLOSE?

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