3, MERIDIAN PLACE, MANCHESTER, M20 2QF - £500,000

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.

3 MERIDIAN PLACE is a very large detached house of 165m², built sometime between 1996 and 2002, which could now be worth an estimated £1,088,253. It was last sold for £500,000 in August 2012, which was around 136% above the average August 2012 detached price in the Manchester local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

3 MERIDIAN PLACE Sold Prices

Land registry data shows two sales for 3 MERIDIAN PLACE 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 3 MERIDIAN PLACE sales were 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
2012 30 AUG	£500,000	£211,460	136% above HPI
1997 16 JUN	£150,000	£62,711	139% above HPI

3 MERIDIAN PLACE 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 3 MERIDIAN PLACE sales from June 1997 and August 2012 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 June 1997 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the August 2012 sale, where it falls to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might 3 MERIDIAN PLACE be worth now?

3 MERIDIAN PLACE might now be worth an estimated £1,088,253.

This is based on house price inflation of 117.7%, between August 2012 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 117.7% inflationary increase is applied to the most recent sale price for 3 MERIDIAN PLACE of £500,000 on 30th August 2012. For the value to have increased from £500,000 to £1,088,253 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MERIDIAN PLACE has moved in line with the HPI for detached houses in the Manchester local authority area.
• The August 2012 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MERIDIAN PLACE has not materially changed since August 2012.

How Large is 3 MERIDIAN PLACE?

3 MERIDIAN PLACE is 165m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% 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 3 MERIDIAN PLACE lies on this distribution: 81% of detached houses houses are smaller than 3 MERIDIAN PLACE, and 19% of houses are larger. Note that EPC data is not available for all properties in Manchester.

3 MERIDIAN PLACE: Plot and Title Map

3 MERIDIAN PLACE sits on a plot of roughly 0.058 of an acre, or 234m². The below map shows the location of 3 MERIDIAN PLACE, 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 3 MERIDIAN PLACE). 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 3 MERIDIAN PLACE?

3 MERIDIAN PLACE is located in MANCHESTER, in the M20 postcode district. The below map shows the position of No. 3 on MERIDIAN PLACE.