2, HONITON WAY, COTTAM, PRESTON, PR4 0LW - £261,000

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

2 HONITON WAY is a large detached house of 128m², built sometime between 1996 and 2002. It was last sold for £261,000 in September 2016, which was around 16% above the average September 2016 detached price in the Preston local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

2 HONITON WAY Sold Prices

Land registry data shows three sales for 2 HONITON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Preston local authority area for the corresponding sale date. All of the three 2 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
2016 9 SEP	£261,000	£224,378	16% above HPI
2009 28 AUG	£247,250	£211,300	17% above HPI
1999 19 MAY	£112,500	£89,138	26% above HPI

2 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 three 2 HONITON WAY sales between May 1999 and September 2016 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 2009 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2016 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 2 HONITON WAY?

2 HONITON WAY is 128m² according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses in Cottam, based on EPC data. The below chart shows the distribution of detached houses by size in Cottam, and where 2 HONITON WAY lies on this distribution: 69% of detached houses are smaller than 2 HONITON WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Cottam.

2 HONITON WAY: Plot and Title Map

2 HONITON WAY sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 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 2 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 2 HONITON WAY?

2 HONITON WAY is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 2 on HONITON WAY.