16, CASPIAN ROAD, MANCHESTER, M9 7JB - £185,000

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

16 CASPIAN ROAD is a midsized detached house of 110m², built sometime between 2003 and 2006. It was last sold for £185,000 in February 2017, which was around 34% below the average February 2017 detached price in the Manchester local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

16 CASPIAN ROAD Sold Prices

Land registry data shows two sales for 16 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 16 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
2017 17 FEB	£185,000	£281,858	34% below HPI
2006 1 DEC	£189,475	£211,971	11% below HPI

16 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 16 CASPIAN ROAD sales from December 2006 and February 2017 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2017 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 16 CASPIAN ROAD?

16 CASPIAN ROAD is 110m² according to the EPC inspection conducted in June 2016. This puts it in the largest 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 16 CASPIAN ROAD lies on this distribution: 53% of detached houses are smaller than 16 CASPIAN ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Manchester.

16 CASPIAN ROAD: Plot and Title Map

16 CASPIAN ROAD sits on a plot of roughly 0.417 of an acre, or 1,689m². The below map shows the location of 16 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 16 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 16 CASPIAN ROAD?

16 CASPIAN ROAD is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 16 on CASPIAN ROAD.