24, HOBBS ROAD, FARINGDON, SN7 7GJ - £280,000

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.

24 HOBBS ROAD is a very small semi-detached house of 78m², which could now be worth an estimated £348,567. It was last sold for £280,000 in February 2021, which was around 14% below the average February 2021 semi-detached price in the Vale of White Horse local authority area. The most recent EPC inspection was July 2013, where the current energy rating was B, and the potential energy rating was A.

24 HOBBS ROAD Sold Prices

Land registry data shows two sales for 24 HOBBS ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Vale of White Horse local authority area for the corresponding sale date. Both of the two 24 HOBBS ROAD 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
2021 12 FEB	£280,000	£327,116	14% below HPI
2014 25 APR	£230,000	£259,078	11% below HPI

24 HOBBS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The two 24 HOBBS ROAD sales from April 2014 and February 2021 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 April 2014 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 24 HOBBS ROAD be worth now?

24 HOBBS ROAD might now be worth an estimated £348,567.

This is based on house price inflation of 24.5%, between February 2021 and February 2025, for semi-detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.5% inflationary increase is applied to the most recent sale price for 24 HOBBS ROAD of £280,000 on 12th February 2021. For the value to have increased from £280,000 to £348,567 over the four years to February 2025, the following assumptions must hold true:

• The value of 24 HOBBS ROAD has moved in line with the HPI for semi-detached houses in the Vale of White Horse local authority area.
• The February 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HOBBS ROAD has not materially changed since February 2021.

How Large is 24 HOBBS ROAD?

24 HOBBS ROAD is 78m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of semi-detached houses houses in Faringdon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Faringdon, and where 24 HOBBS ROAD lies on this distribution: 5% of semi-detached houses houses are smaller than 24 HOBBS ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Faringdon.

24 HOBBS ROAD: Plot and Title Map

24 HOBBS ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 24 HOBBS ROAD, 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 HOBBS ROAD). 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 24 HOBBS ROAD?

24 HOBBS ROAD is located in FARINGDON, in the SN7 postcode district. The below map shows the position of No. 24 on HOBBS ROAD.