2, HONEYWOOD AVENUE, BAMBER BRIDGE, PRESTON, PR5 6DJ - £252,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HONEYWOOD AVENUE is a midsized detached house of 107m². It was last sold for £252,000 in July 2022, which was around 15% below the average July 2022 detached price in the South Ribble local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was A.

2 HONEYWOOD AVENUE Sold Prices

Land registry data shows two sales for 2 HONEYWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Ribble local authority area for the corresponding sale date. Both of the two 2 HONEYWOOD AVENUE 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
2022 15 JUL	£252,000	£297,957	15% below HPI
2017 18 DEC	£196,995	£239,221	18% below HPI

2 HONEYWOOD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Ribble local authority area over time, sourced from the HPI. The two 2 HONEYWOOD AVENUE sales from December 2017 and July 2022 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 December 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 2 HONEYWOOD AVENUE be worth now?

2 HONEYWOOD AVENUE might now be worth an estimated £273,807.

This is based on house price inflation of 8.7%, between July 2022 and December 2024, for detached houses, in the South Ribble local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.7% inflationary increase is applied to the most recent sale price for 2 HONEYWOOD AVENUE of £252,000 on 15th July 2022. For the value to have increased from £252,000 to £273,807 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 2 HONEYWOOD AVENUE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The July 2022 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HONEYWOOD AVENUE has not materially changed since July 2022.

How Large is 2 HONEYWOOD AVENUE?

2 HONEYWOOD AVENUE is 107m² according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of detached houses houses in Bamber Bridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bamber Bridge, and where 2 HONEYWOOD AVENUE lies on this distribution: 53% of detached houses houses are smaller than 2 HONEYWOOD AVENUE, and 45% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

2 HONEYWOOD AVENUE: Plot and Title Map

2 HONEYWOOD AVENUE sits on a plot of roughly 9.6 acres, or 39,047m². The below map shows the location of 2 HONEYWOOD AVENUE, 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 2 HONEYWOOD AVENUE). 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 2 HONEYWOOD AVENUE?

2 HONEYWOOD AVENUE is located in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of No. 2 on HONEYWOOD AVENUE.