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
24 HOBB LANE is a very large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £558,000 in November 2023, which was around 3% above the average November 2023 detached price in the Eastleigh local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 24 HOBB LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Eastleigh local authority area for the corresponding sale date. One of the two 24 HOBB LANE 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 |
---|---|---|---|
2023 24 NOV | £558,000 | £540,929 | 3% above HPI |
2008 19 MAY | £250,000 | £323,280 | 23% below HPI |
The below graph shows the average detached house price in the Eastleigh local authority area over time, sourced from the HPI. The two 24 HOBB LANE sales from May 2008 and November 2023 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 2008 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.
24 HOBB LANE is 157m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Hedge End, based on EPC data. The below chart shows the distribution of detached houses by size in Hedge End, and where 24 HOBB LANE lies on this distribution: 84% of detached houses are smaller than 24 HOBB LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hedge End.
24 HOBB LANE sits on a plot of roughly 0.146 of an acre, or 591m². The below map shows the location of 24 HOBB LANE, 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 24 HOBB LANE). 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.
24 HOBB LANE is located in HEDGE END, in the SO30 postcode district. The below map shows the position of No. 24 on HOBB LANE.