Pricing has been announced for the new Honda Civic Type R and there’s good news: it starts from just £30,995 for the entry-level version, rising to a still-hugely-competitive £32,995 for the GT spec car.

Launched at this year’s Geneva Motor Show, the price structure announced today means that the 2018 Honda Civic Type R significantly undercuts two of its closest hot hatch rivals, namely the Volkswagen Golf R and the Ford Focus RS (which start at £31,885 and £32,265 respectively).

2017 HONDA CIVIC TYPE R side

Okay, we know what you’re thinking. “But isn’t the new Civic Type R only front-wheel drive?” Yes, compared to its German and American-badged rivals, Honda’s latest hot hatch still sends its power exclusively to the front.

However (with the caveat that we haven’t driven the next-gen Type R just yet), this doesn’t make it any less of a rival for its four-wheel drive foes.

“We’d wager that the Honda would run rings around its opposition on some suitably twisting tarmac”

While the Golf R and Focus RS may enjoy enhanced capabilities in all conditions, Honda recently announced that its fifth-generation Type R is the new front-wheel drive benchmark around the infamous Nürburgring Nordschleife.

16kg lighter than its predecessor (and packing an improved 320hp from its 2.0-litre turbo motor), we’d wager that the Honda would run rings around its opposition on some suitably twisting tarmac.

2017 HONDA CIVIC TYPE R front

Its time of seven minutes 43.8 seconds helped the Japanese manufacturer to regain its ‘Green Hell’ lap record back from the VW Golf GTI Clubsport S and has given the latest Type R a legitimate claim to the ‘King of Hot Hatches’ title.

Returning to the matter of cold, hard cash, the extra £2,000 needed to upgrade to the GT version adds a number of options to the standard spec sheet, including dual zone climate control, LED front fog lights, Honda CONNECT with Garmin Navigation and a high-powered audio system for when you don’t want to listen to the VTEC engine’s roar.

 2017 HONDA CIVIC TYPE R rear