24, HONEYWOOD AVENUE, BAMBER BRIDGE, PRESTON, PR5 6DJ - £215,000

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

24 HONEYWOOD AVENUE is a midsized detached house of 100m². It was last sold for £215,000 in September 2020, which was around 16% below the average September 2020 detached price in the South Ribble local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

24 HONEYWOOD AVENUE Sold Prices

Land registry data shows two sales for 24 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 24 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
2020 28 SEP	£215,000	£257,393	16% below HPI
2017 25 AUG	£214,995	£244,387	12% below HPI

24 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 24 HONEYWOOD AVENUE sales from August 2017 and September 2020 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 2017 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2020 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 24 HONEYWOOD AVENUE be worth now?

24 HONEYWOOD AVENUE might now be worth an estimated £270,420.

This is based on house price inflation of 25.8%, between September 2020 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 25.8% inflationary increase is applied to the most recent sale price for 24 HONEYWOOD AVENUE of £215,000 on 28th September 2020. For the value to have increased from £215,000 to £270,420 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 24 HONEYWOOD AVENUE has moved in line with the HPI for detached houses in the South Ribble local authority area.
• The September 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 24 HONEYWOOD AVENUE has not materially changed since September 2020.

How Large is 24 HONEYWOOD AVENUE?

24 HONEYWOOD AVENUE is 100m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 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 24 HONEYWOOD AVENUE lies on this distribution: 41% of detached houses houses are smaller than 24 HONEYWOOD AVENUE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bamber Bridge.

24 HONEYWOOD AVENUE: Plot and Title Map

24 HONEYWOOD AVENUE sits on a plot of roughly 9.6 acres, or 39,047m². The below map shows the location of 24 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 24 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 24 HONEYWOOD AVENUE?

24 HONEYWOOD AVENUE is located in BAMBER BRIDGE, in the PR5 postcode district. The below map shows the position of No. 24 on HONEYWOOD AVENUE.