48, LADY MAYOR DRIVE, BEDFORD, MK41 0FH - £310,000

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

48 LADY MAYOR DRIVE is a very small detached house of 89m². It was last sold for £310,000 in February 2021, which was around 35% below the average February 2021 detached price in the Bedford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was B, and the potential energy rating was A.

48 LADY MAYOR DRIVE Sold Prices

Land registry data shows two sales for 48 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 48 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
2021 15 FEB	£310,000	£473,476	35% below HPI
2015 29 MAY	£249,995	£362,626	31% below HPI

48 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 48 LADY MAYOR DRIVE sales from May 2015 and February 2021 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 May 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 48 LADY MAYOR DRIVE?

48 LADY MAYOR DRIVE is 89m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% of detached houses in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 48 LADY MAYOR DRIVE lies on this distribution: 15% of detached houses are smaller than 48 LADY MAYOR DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Bedford.

48 LADY MAYOR DRIVE: Plot and Title Map

48 LADY MAYOR DRIVE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 48 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 48 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 48 LADY MAYOR DRIVE?

48 LADY MAYOR DRIVE is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 48 on LADY MAYOR DRIVE.