14, HONITON WAY, COTTAM, PRESTON, PR4 0LW - £288,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 HONITON WAY is a very large extended detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £417,639. It was last sold for £288,000 in September 2014, which was around 27% above the average September 2014 detached price in the Preston local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

14 HONITON WAY Sold Prices

Land registry data shows four sales for 14 HONITON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the four 14 HONITON WAY sales were 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
2014 5 SEP	£288,000	£226,576	27% above HPI
2012 12 OCT	£272,500	£225,352	21% above HPI
2000 20 OCT	£155,000	£103,410	50% above HPI
1999 26 MAR	£138,500	£90,636	53% above HPI

14 HONITON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Preston local authority area over time, sourced from the HPI. The four 14 HONITON WAY sales between March 1999 and September 2014 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 October 2012 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2014 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 14 HONITON WAY be worth now?

14 HONITON WAY might now be worth an estimated £417,639.

This is based on house price inflation of 45%, between September 2014 and February 2025, for detached houses, in the Preston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45% inflationary increase is applied to the most recent sale price for 14 HONITON WAY of £288,000 on 5th September 2014. For the value to have increased from £288,000 to £417,639 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 HONITON WAY has moved in line with the HPI for detached houses in the Preston local authority area.
• The September 2014 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HONITON WAY has not materially changed since September 2014.

How Large is 14 HONITON WAY?

14 HONITON WAY is 141m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 20% of detached houses houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottam, and where 14 HONITON WAY lies on this distribution: 82% of detached houses houses are smaller than 14 HONITON WAY, and 18% of houses are larger. Note that EPC data is not available for all properties in Cottam.

14 HONITON WAY: Plot and Title Map

14 HONITON WAY sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 14 HONITON 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 14 HONITON 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 14 HONITON WAY?

14 HONITON WAY is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 14 on HONITON WAY.