16, LADY MAYOR DRIVE, BEDFORD, MK41 0FH - £165,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 LADY MAYOR DRIVE is a very small detached house of 55m². It was last sold for £165,000 in August 2016, which was around 61% below the average August 2016 detached price in the Bedford local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was B.

16 LADY MAYOR DRIVE Sold Prices

Land registry data shows two sales for 16 LADY MAYOR DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 16 LADY MAYOR DRIVE 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
2016 31 AUG	£165,000	£423,282	61% below HPI
2013 19 DEC	£129,995	£319,356	59% below HPI

16 LADY MAYOR DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bedford local authority area over time, sourced from the HPI. The two 16 LADY MAYOR DRIVE sales from December 2013 and August 2016 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 December 2013 sale was for 59% below the HPI. So the extrapolation line tracks at 59% below the HPI over time, until the August 2016 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 16 LADY MAYOR DRIVE?

16 LADY MAYOR DRIVE is 55m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 16 LADY MAYOR DRIVE lies on this distribution: 1% of detached houses are smaller than 16 LADY MAYOR DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Bedford.

16 LADY MAYOR DRIVE: Plot and Title Map

16 LADY MAYOR DRIVE sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 16 LADY MAYOR DRIVE, 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 16 LADY MAYOR DRIVE). 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 16 LADY MAYOR DRIVE?

16 LADY MAYOR DRIVE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 16 on LADY MAYOR DRIVE.