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
8 HOBSON WAY is a small extended detached house of 79m², built sometime between 1967 and 1975. It was last sold for £300,000 in December 2017, which was around 38% below the average December 2017 detached price in the New Forest local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 HOBSON WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the New Forest local authority area for the corresponding sale date. Both of the two 8 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 |
---|---|---|---|
2017 13 DEC | £300,000 | £483,943 | 38% below HPI |
2012 31 AUG | £212,000 | £344,713 | 38% below HPI |
The below graph shows the average detached house price in the New Forest local authority area over time, sourced from the HPI. The two 8 HOBSON WAY sales from August 2012 and December 2017 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 August 2012 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2017 sale, which was also at 38% below the HPI.
8 HOBSON WAY is 79m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Holbury, based on EPC data. The below chart shows the distribution of detached houses by size in Holbury, and where 8 HOBSON WAY lies on this distribution: 32% of detached houses are smaller than 8 HOBSON WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Holbury.
8 HOBSON WAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 8 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 8 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.
8 HOBSON WAY is located in HOLBURY, in the SO45 postcode district. The below map shows the position of No. 8 on HOBSON WAY.