I think it’s safe to say the LBX is overpriced.
A top-spec Audi A1 comes in around £32k, you can get a really nice and larger Mercedes A class for £30-33k, similarly larger Mini Countryman also kicks off at £30k, and the Toyota Yaris (fractionally smaller) has a really nice top-trim around £25k (and can be had for £23k). The Yaris cross ranges from £25-31k.
I think the base specification of the LBX is too stripped out (especially considering the Yaris & Yaris Cross). And there’s absolutely no justification in my mind for having 7 trims/specs on the LBX, so close together. I think Premium should have been the entry to the range at £30k, Premium Plus Design should have been next step up at around £32.5k, and you’d top the range with Takumi at £35k. It would still have a huge premium, but stack up better to its competitors.