16, HOBBS WAY, RUSTINGTON, LITTLEHAMPTON, BN16 2QU - £555,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 HOBBS WAY is a very large detached house of 161m², built sometime between 1950 and 1966. It was last sold for £555,000 in May 2017, which was around 30% above the average May 2017 detached price in the Arun local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

16 HOBBS WAY Sold Prices

Land registry data shows two sales for 16 HOBBS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. One of the two 16 HOBBS WAY sales was for above the average price, whilst the other was for below 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
2017 31 MAY	£555,000	£425,507	30% above HPI
2005 19 MAY	£222,500	£281,537	21% below HPI

16 HOBBS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 16 HOBBS WAY sales from May 2005 and May 2017 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 May 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 16 HOBBS WAY?

16 HOBBS WAY is 161m² according to the EPC inspection conducted in July 2016. This puts it in the largest 20% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 16 HOBBS WAY lies on this distribution: 86% of detached houses are smaller than 16 HOBBS WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Rustington.

16 HOBBS WAY: Plot and Title Map

16 HOBBS WAY sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 16 HOBBS WAY, 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 16 HOBBS WAY). 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 16 HOBBS WAY?

16 HOBBS WAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 16 on HOBBS WAY.