New 2015 Skoda FabiaThe new Skoda Fabia will cost from £10,600 when deliveries of the Mk3 model start in the UK from January 2015.

The new five-door supermini, Skoda ambitiously claims, will “redefine sector expectations for quality, efficiency and equipment” and, while prices may not quite be the lowest in the market, value is certainly impressive.

All new Skoda Fabia get six airbags, ESC stability control, DAB radio, Bluetooth connectivity and electric front windows.

The next-up SE seems even better value than the base S to us though: for a £1,160 premium (prices from £12,760), it adds air conditioning, alloy wheels, surround sound stereo, Mirror Link smartphone connectivity and a hands-free telephone system.

Elegance tops the range and, for £850 more (that’s prices from £13,610), adds climate and cruise control, bigger 16-inch alloys plus keyless go. We’d probably stick with SE and upgrade the engine.

New Skoda Fabia: class leading

The new Skoda Fabia is smaller yet bigger than the old one: 8mm shorter overall but 8mm longer inside. There’s more elbowroom and the boot is actually a class-leader. 330 litres is both 15 litres bigger than the old car and bigger than any other supermini on sale (fold it and it stretches to 1,150 litres).

Petrol engines include 60hp and 75hp 1.0 MPI and either 90hp or 110hp 1.2 TSI units. No petrol engine emits more than 110g/km CO2, which will please fleet buyers just as much as retail choosers.

As for diesel, the 1.4 TDI comes in 90hp or 105hp and both units are well under the 100g/km CO2 mark – so no new Skoda Fabia diesel owner will need to pay road tax…

They also have ample choice: Skoda offers 15 different body colours plus a choice of roof, door mirror and wheels colours under its so-called Colour Concept scheme. Impressively, Motoring Research took a close look at the contrast roof cars over at the Paris Motor Show 2014: the roof is actually painted, rather than a contrast wrap, a process that can’t come cheap.

Speaking about the new Fabia, Skoda’s best-selling model in the UK, Skoda Brand Director Alasdair Stewart said: “I’m confident that the new car with its reduced running costs and high equipment levels will continue to be in-demand with new and existing customers alike.”