41, BOWER STREET, BEDFORD, MK40 3RD - £322,500

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.

41 BOWER STREET is a small extended terraced house of 107m², built sometime before 1900, which could now be worth an estimated £388,344. It was last sold for £322,500 in December 2020, which was around 47% above the average December 2020 terraced price in the Bedford local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

41 BOWER STREET Sold Prices

Land registry data shows two sales for 41 BOWER STREET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Bedford local authority area for the corresponding sale date. Both of the two 41 BOWER STREET sales were for above 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
2020 2 DEC	£322,500	£219,830	47% above HPI
2017 26 JAN	£290,000	£201,937	44% above HPI

41 BOWER STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Bedford local authority area over time, sourced from the HPI. The two 41 BOWER STREET sales from January 2017 and December 2020 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 January 2017 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2020 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 41 BOWER STREET be worth now?

41 BOWER STREET might now be worth an estimated £388,344.

This is based on house price inflation of 20.4%, between December 2020 and June 2025, for terraced 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 20.4% inflationary increase is applied to the most recent sale price for 41 BOWER STREET of £322,500 on 2nd December 2020. For the value to have increased from £322,500 to £388,344 over the five years and six months to June 2025, the following assumptions must hold true:

• The value of 41 BOWER STREET has moved in line with the HPI for terraced houses in the Bedford local authority area.
• The December 2020 sale price of £322,500 represented a fair market value for the property.
• The size, condition, and specification of 41 BOWER STREET has not materially changed since December 2020.

How Large is 41 BOWER STREET?

41 BOWER STREET is 107m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of terraced houses houses in Bedford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bedford, and where 41 BOWER STREET lies on this distribution: 31% of terraced houses houses are smaller than 41 BOWER STREET, and 68% of houses are larger. Note that EPC data is not available for all properties in Bedford.

41 BOWER STREET: Plot and Title Map

41 BOWER STREET sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 41 BOWER STREET, 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 41 BOWER STREET). 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 41 BOWER STREET?

41 BOWER STREET is located in BEDFORD, in the MK40 postcode district. The below map shows the position of No. 41 on BOWER STREET.