2, CASPIAN ROAD, MANCHESTER, M9 7JB - £230,000

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.

2 CASPIAN ROAD is a small detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £272,769. It was last sold for £230,000 in August 2021, which was around 41% below the average August 2021 detached price in the Manchester local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

2 CASPIAN ROAD Sold Prices

Land registry data shows three sales for 2 CASPIAN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Manchester local authority area for the corresponding sale date. The three 2 CASPIAN ROAD sales were a mix of below the average price, and roughly equal to 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 27 AUG	£230,000	£388,080	41% below HPI
2008 3 OCT	£174,950	£209,198	16% below HPI
2003 19 MAY	£111,500	£111,410	Close to HPI

2 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 three 2 CASPIAN ROAD sales between May 2003 and August 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 October 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 2 CASPIAN ROAD be worth now?

2 CASPIAN ROAD might now be worth an estimated £272,769.

This is based on house price inflation of 18.6%, between August 2021 and February 2025, for detached houses, in the Manchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.6% inflationary increase is applied to the most recent sale price for 2 CASPIAN ROAD of £230,000 on 27th August 2021. For the value to have increased from £230,000 to £272,769 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 2 CASPIAN ROAD has moved in line with the HPI for detached houses in the Manchester local authority area.
• The August 2021 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CASPIAN ROAD has not materially changed since August 2021.

How Large is 2 CASPIAN ROAD?

2 CASPIAN ROAD is 100m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses houses in Manchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Manchester, and where 2 CASPIAN ROAD lies on this distribution: 40% of detached houses houses are smaller than 2 CASPIAN ROAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Manchester.

2 CASPIAN ROAD: Plot and Title Map

2 CASPIAN ROAD sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 2 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 2 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 2 CASPIAN ROAD?

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