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
6 HOBBS WAY is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £285,000 in July 2010, which was around 13% below the average July 2010 detached price in the Arun local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 6 HOBBS WAY since 1st 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. All of the three 6 HOBBS 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 |
---|---|---|---|
2010 29 JUL | £285,000 | £326,470 | 13% below HPI |
2007 1 JUN | £323,600 | £329,872 | 2% below HPI |
2005 18 NOV | £228,000 | £286,017 | 20% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The three 6 HOBBS WAY sales between November 2005 and July 2010 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 June 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2010 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.
6 HOBBS WAY is 93m², which includes one extension, according to the EPC inspection conducted in June 2009. 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 6 HOBBS WAY lies on this distribution: 35% of detached houses are smaller than 6 HOBBS WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Rustington.
6 HOBBS WAY sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 6 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 6 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.
6 HOBBS WAY is located in RUSTINGTON, in the BN16 postcode district. The below map shows the position of No. 6 on HOBBS WAY.