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

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 CASPIAN ROAD is a small detached house of 100m², built sometime between 2003 and 2006. It was last sold for £230,000 in August 2021, which was around 40% 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. Two of the three 2 CASPIAN ROAD sales were for below the average price, whilst one was 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
2021 27 AUG	£230,000	£383,992	40% below HPI
2008 3 OCT	£174,950	£206,994	15% below HPI
2003 19 MAY	£111,500	£110,236	1% above 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

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 in Manchester, based on EPC data. The below chart shows the distribution of detached houses by size in Manchester, and where 2 CASPIAN ROAD lies on this distribution: 39% of detached 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.