3, MERRIDALE ROAD, MANCHESTER, M40 0AD - £175,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MERRIDALE ROAD is a small detached house of 97m², built sometime between 2003 and 2006. It was last sold for £175,000 in May 2015, which was around 26% below the average May 2015 detached price in the Manchester local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

3 MERRIDALE ROAD Sold Prices

Land registry data shows two sales for 3 MERRIDALE 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. One of the two 3 MERRIDALE ROAD sales was for below the average price, whilst the other 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
2015 5 MAY	£175,000	£237,897	26% below HPI
2005 18 MAY	£182,000	£167,342	9% above HPI

3 MERRIDALE 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 3 MERRIDALE ROAD sales from May 2005 and May 2015 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 May 2005 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2015 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 3 MERRIDALE ROAD?

3 MERRIDALE ROAD is 97m² according to the EPC inspection conducted in September 2014. 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 3 MERRIDALE ROAD lies on this distribution: 35% of detached houses are smaller than 3 MERRIDALE ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Manchester.

3 MERRIDALE ROAD: Plot and Title Map

3 MERRIDALE ROAD sits on a plot of roughly 15.6 acres, or 63,251m². The below map shows the location of 3 MERRIDALE 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 3 MERRIDALE 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 3 MERRIDALE ROAD?

3 MERRIDALE ROAD is located in MANCHESTER, in the M40 postcode district. The below map shows the position of No. 3 on MERRIDALE ROAD.