16, THOR DRIVE, BEDFORD, MK41 0WP - £187,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 THOR DRIVE is a very small detached house of 80m², built sometime between 1996 and 2002. It was last sold for £187,500 in August 2009, which was around 31% below the average August 2009 detached price in the Bedford local authority area. The most recent EPC inspection was March 2009, where the current energy rating was C, and the potential energy rating was C.

16 THOR DRIVE Sold Prices

Land registry data shows two sales for 16 THOR 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 THOR 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
2009 28 AUG	£187,500	£271,909	31% below HPI
2001 31 JUL	£126,950	£179,278	29% below HPI

16 THOR 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 THOR DRIVE sales from July 2001 and August 2009 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 July 2001 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2009 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 16 THOR DRIVE?

16 THOR DRIVE is 80m² according to the EPC inspection conducted in March 2009. 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 THOR DRIVE lies on this distribution: 8% of detached houses are smaller than 16 THOR DRIVE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bedford.

16 THOR DRIVE: Plot and Title Map

16 THOR DRIVE sits on a plot of roughly 0.060 of an acre, or 245m². The below map shows the location of 16 THOR 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 THOR 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 THOR DRIVE?

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