2, ASPEN ROAD, MANCHESTER, M9 7GT - £323,000

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

2 ASPEN ROAD is a small detached house of 88m². It was last sold for £323,000 in February 2023, which was around 24% below the average February 2023 detached price in the Manchester local authority area. The most recent EPC inspection was July 2018, where the current energy rating was B, and the potential energy rating was A.

2 ASPEN ROAD Sold Prices

Land registry data shows two sales for 2 ASPEN 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 2 ASPEN 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
2023 6 FEB	£323,000	£426,461	24% below HPI
2018 30 JUL	£234,995	£313,886	25% below HPI

2 ASPEN 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 2 ASPEN ROAD sales from July 2018 and February 2023 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 July 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2023 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 2 ASPEN ROAD?

2 ASPEN ROAD is 88m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 30% of detached houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 2 ASPEN ROAD lies on this distribution: 25% of detached houses are smaller than 2 ASPEN ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Manchester.

2 ASPEN ROAD: Plot and Title Map

2 ASPEN ROAD sits on a plot of roughly 0.052 of an acre, or 208m². The below map shows the location of 2 ASPEN 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 2 ASPEN 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 2 ASPEN ROAD?

2 ASPEN ROAD is located in MANCHESTER, in the M9 postcode district. The below map shows the position of No. 2 on ASPEN ROAD.