diff --git a/code/lib/builder-webpack5/templates/virtualModuleModernEntry.js.handlebars b/code/lib/builder-webpack5/templates/virtualModuleModernEntry.js.handlebars
index fddbe23fd1f0..9f13e58b6e8b 100644
--- a/code/lib/builder-webpack5/templates/virtualModuleModernEntry.js.handlebars
+++ b/code/lib/builder-webpack5/templates/virtualModuleModernEntry.js.handlebars
@@ -32,7 +32,7 @@ window.__STORYBOOK_CLIENT_API__ = new ClientApi({ storyStore: preview.storyStore
 
 preview.initialize({ importFn, getProjectAnnotations });
 
-if (module.hot) {
+if (import.meta.webpackHot) {
   import.meta.webpackHot.accept('./{{storiesFilename}}', () => {
     // importFn has changed so we need to patch the new one in
     preview.onStoriesChanged({ importFn });