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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 THOR DRIVE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £380,083. It was last sold for £187,500 in August 2009, which was around 30% 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	£266,083	30% below HPI
2001 31 JUL	£126,950	£175,436	28% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2009 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 16 THOR DRIVE be worth now?

16 THOR DRIVE might now be worth an estimated £380,083.

This is based on house price inflation of 102.7%, between August 2009 and February 2025, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 102.7% inflationary increase is applied to the most recent sale price for 16 THOR DRIVE of £187,500 on 28th August 2009. For the value to have increased from £187,500 to £380,083 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 16 THOR DRIVE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The August 2009 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 16 THOR DRIVE has not materially changed since August 2009.

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 houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bedford, and where 16 THOR DRIVE lies on this distribution: 8% of detached houses 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 0.061 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.