2, HOBSON WAY, HOLBURY, SOUTHAMPTON, SO45 2GE - £320,000

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

2 HOBSON WAY is a very small detached house of 53m², built sometime between 1967 and 1975. It was last sold for £320,000 in June 2024, which was around 44% below the average June 2024 detached price in the New Forest local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

2 HOBSON WAY Sold Prices

Land registry data shows three sales for 2 HOBSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. All of the three 2 HOBSON WAY sales were 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
2024 28 JUN	£320,000	£566,602	44% below HPI
2019 3 SEP	£267,000	£475,500	44% below HPI
2002 18 OCT	£154,000	£253,755	39% below HPI

2 HOBSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The three 2 HOBSON WAY sales between October 2002 and June 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 September 2019 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2024 sale, which was also at 44% below the HPI.

How Large is 2 HOBSON WAY?

2 HOBSON WAY is 53m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses by size in Holbury, and where 2 HOBSON WAY lies on this distribution: 1% of detached houses are smaller than 2 HOBSON WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Holbury.

2 HOBSON WAY: Plot and Title Map

2 HOBSON WAY sits on a plot of roughly 0.123 of an acre, or 496m². The below map shows the location of 2 HOBSON 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 2 HOBSON 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 2 HOBSON WAY?

2 HOBSON WAY is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 2 on HOBSON WAY.