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

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

5 TURNER WAY is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £255,000 in June 2021, which was around 46% 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	£476,182	46% below HPI
2021 30 APR	£260,000	£473,068	45% below HPI
1999 30 APR	£66,500	£125,410	47% 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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the June 2021 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

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 in Bedford, based on EPC data. The below chart shows the distribution of detached houses by size in Bedford, and where 5 TURNER WAY lies on this distribution: 11% of detached 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.