Home Button - Responsive Issues

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Hi folks,
Over the last few weeks I've been having a problem with the Home button. It almost seems to me like the phone is "busy" and unresponsive, as when pressing the home button nothing happens. Then a few seconds later I can press again and it reacts.
The phone can be fine for days, and then it suddenly starts happening again. A reset doesn't seem to help.
Is this a known firmware issue, or more likely to be a hardware failure?
TIA
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