3, HOBSON WAY, HOLBURY, SOUTHAMPTON, SO45 2GF - £359,000

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

3 HOBSON WAY is a large extended detached house of 117m², built sometime between 1983 and 1990. It was last sold for £359,000 in July 2020, which was around 25% below the average July 2020 detached price in the New Forest local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

3 HOBSON WAY Sold Prices

Land registry data shows three sales for 3 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 3 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
2020 8 JUL	£359,000	£476,136	25% below HPI
2015 10 DEC	£352,000	£421,136	16% below HPI
2012 15 AUG	£170,000	£344,713	51% below HPI

3 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 3 HOBSON WAY sales between August 2012 and July 2020 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 December 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2020 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 HOBSON WAY?

3 HOBSON WAY is 117m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses by size in Holbury, and where 3 HOBSON WAY lies on this distribution: 76% of detached houses are smaller than 3 HOBSON WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Holbury.

3 HOBSON WAY: Plot and Title Map

3 HOBSON WAY sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 3 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 3 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 3 HOBSON WAY?

3 HOBSON WAY is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 3 on HOBSON WAY.