4, HOBBS WAY, RUSTINGTON, LITTLEHAMPTON, BN16 2QU - £530,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 HOBBS WAY is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £530,000 in July 2023, which was around 3% below the average July 2023 detached price in the Arun local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was C.

4 HOBBS WAY Sold Prices

Land registry data shows three sales for 4 HOBBS 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 Arun local authority area for the corresponding sale date. Two of the three 4 HOBBS WAY sales were for below the average price, whilst one was for above 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 27 JUL	£530,000	£546,811	3% below HPI
2016 14 DEC	£465,000	£421,451	10% above HPI
2012 19 OCT	£275,000	£334,672	18% below HPI

4 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 three 4 HOBBS WAY sales between October 2012 and July 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 December 2016 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 4 HOBBS WAY?

4 HOBBS WAY is 93m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 40% of detached houses in Rustington, based on EPC data. The below chart shows the distribution of detached houses by size in Rustington, and where 4 HOBBS WAY lies on this distribution: 35% of detached houses are smaller than 4 HOBBS WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Rustington.

4 HOBBS WAY: Plot and Title Map

4 HOBBS WAY sits on a plot of roughly 0.088 of an acre, or 354m². The below map shows the location of 4 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 4 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 4 HOBBS WAY?

4 HOBBS WAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 4 on HOBBS WAY.