22, HONITON WAY, COTTAM, PRESTON, PR4 0LW - £250,000

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.

22 HONITON WAY is a small detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £359,385. It was last sold for £250,000 in February 2009, which was around 9% above the average February 2009 detached price in the Preston local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

22 HONITON WAY Sold Prices

Land registry data shows two sales for 22 HONITON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Preston local authority area for the corresponding sale date. Both of the two 22 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
2009 6 FEB	£250,000	£228,561	9% above HPI
1999 31 MAR	£138,500	£90,636	53% above HPI

22 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 two 22 HONITON WAY sales from March 1999 and February 2009 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 March 1999 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2009 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 22 HONITON WAY be worth now?

22 HONITON WAY might now be worth an estimated £359,385.

This is based on house price inflation of 43.8%, between February 2009 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 43.8% inflationary increase is applied to the most recent sale price for 22 HONITON WAY of £250,000 on 6th February 2009. For the value to have increased from £250,000 to £359,385 over the sixteen years to February 2025, the following assumptions must hold true:

• The value of 22 HONITON WAY has moved in line with the HPI for detached houses in the Preston local authority area.
• The February 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 22 HONITON WAY has not materially changed since February 2009.

How Large is 22 HONITON WAY?

22 HONITON WAY is 108m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% 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 22 HONITON WAY lies on this distribution: 38% of detached houses houses are smaller than 22 HONITON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Cottam.

22 HONITON WAY: Plot and Title Map

22 HONITON WAY sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 22 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 22 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 22 HONITON WAY?

22 HONITON WAY is located in COTTAM, in the PR4 postcode district. The below map shows the position of No. 22 on HONITON WAY.