5, TURNER WAY, BEDFORD, MK41 7LY - £255,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 TURNER WAY is a very small extended detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £295,168. It was last sold for £255,000 in June 2021, which was around 45% below the average June 2021 detached price in the Bedford local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

5 TURNER WAY Sold Prices

Land registry data shows three sales for 5 TURNER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. All of the three 5 TURNER WAY 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 11 JUN	£255,000	£465,979	45% below HPI
2021 30 APR	£260,000	£462,932	44% below HPI
1999 30 APR	£66,500	£122,723	46% below HPI

5 TURNER WAY 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 three 5 TURNER WAY sales between April 1999 and June 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 April 2021 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the June 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 5 TURNER WAY be worth now?

5 TURNER WAY might now be worth an estimated £295,168.

This is based on house price inflation of 15.8%, between June 2021 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 15.8% inflationary increase is applied to the most recent sale price for 5 TURNER WAY of £255,000 on 11th June 2021. For the value to have increased from £255,000 to £295,168 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 TURNER WAY has moved in line with the HPI for detached houses in the Bedford local authority area.
• The June 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 5 TURNER WAY has not materially changed since June 2021.

How Large is 5 TURNER WAY?

5 TURNER WAY is 83m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 20% 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 5 TURNER WAY lies on this distribution: 10% of detached houses houses are smaller than 5 TURNER WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Bedford.

5 TURNER WAY: Plot and Title Map

5 TURNER WAY sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 5 TURNER WAY, 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 5 TURNER WAY). 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 5 TURNER WAY?

5 TURNER WAY is located in BEDFORD, in the MK41 postcode district. The below map shows the position of No. 5 on TURNER WAY.