FURTHERING HOBBS, VALLEY ROAD, FINMERE, BUCKINGHAM, MK18 4AL - £352,500

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

FURTHERING HOBBS is a very small extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £352,500 in October 2015, which was around 21% below the average October 2015 detached price in the Cherwell local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

FURTHERING HOBBS Sold Prices

Land registry data shows two sales for FURTHERING HOBBS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cherwell local authority area for the corresponding sale date. One of the two FURTHERING HOBBS sales was for below the average price, whilst the other 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
2015 30 OCT	£352,500	£448,047	21% below HPI
1999 19 FEB	£172,500	£147,152	17% above HPI

FURTHERING HOBBS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cherwell local authority area over time, sourced from the HPI. The two FURTHERING HOBBS sales from February 1999 and October 2015 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 February 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is FURTHERING HOBBS?

FURTHERING HOBBS is 111m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Finmere, based on EPC data. The below chart shows the distribution of detached houses by size in Finmere, and where FURTHERING HOBBS lies on this distribution: 2% of detached houses are smaller than FURTHERING HOBBS, and 98% of houses are larger. Note that EPC data is not available for all properties in Finmere.

FURTHERING HOBBS: Plot and Title Map

FURTHERING HOBBS sits on a plot of roughly 0.111 of an acre, or 447m². The below map shows the location of FURTHERING HOBBS, 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 FURTHERING HOBBS). 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 FURTHERING HOBBS?

FURTHERING HOBBS is located on VALLEY ROAD in FINMERE, in the MK18 postcode district. The below map shows the position of FURTHERING HOBBS on VALLEY ROAD.