12, CASPIAN ROAD, MANCHESTER, M9 7JB - £240,000

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

12 CASPIAN ROAD is a midsized detached house of 103m², built sometime between 1983 and 1990. It was last sold for £240,000 in September 2020, which was around 31% below the average September 2020 detached price in the Manchester local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

12 CASPIAN ROAD Sold Prices

Land registry data shows two sales for 12 CASPIAN ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. Both of the two 12 CASPIAN ROAD 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
2020 4 SEP	£240,000	£347,931	31% below HPI
2006 21 DEC	£174,595	£211,971	18% below HPI

12 CASPIAN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Manchester local authority area over time, sourced from the HPI. The two 12 CASPIAN ROAD sales from December 2006 and September 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 December 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 12 CASPIAN ROAD?

12 CASPIAN ROAD is 103m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 50% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 12 CASPIAN ROAD lies on this distribution: 44% of detached houses are smaller than 12 CASPIAN ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Manchester.

12 CASPIAN ROAD: Plot and Title Map

12 CASPIAN ROAD sits on a plot of roughly 0.417 of an acre, or 1,689m². The below map shows the location of 12 CASPIAN ROAD, 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 12 CASPIAN ROAD). 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 12 CASPIAN ROAD?

12 CASPIAN ROAD is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 12 on CASPIAN ROAD.