5, CIRCULAR ROAD, MANCHESTER, M20 3LE - £320,000

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.

5 CIRCULAR ROAD is a large terraced house of 145m², built sometime between 1900 and 1929, which could now be worth an estimated £730,257. It was last sold for £320,000 in September 2009, which was around 193% above the average September 2009 terraced price in the Manchester local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

5 CIRCULAR ROAD Sold Prices

Land registry data shows three sales for 5 CIRCULAR ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Manchester local authority area for the corresponding sale date. All of the three 5 CIRCULAR ROAD 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
2009 4 SEP	£320,000	£109,199	193% above HPI
2001 3 DEC	£230,000	£41,402	456% above HPI
1998 8 MAY	£126,000	£33,227	279% above HPI

5 CIRCULAR ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Manchester local authority area over time, sourced from the HPI. The three 5 CIRCULAR ROAD sales between May 1998 and September 2009 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 December 2001 sale was for 456% above the HPI. So the extrapolation line tracks at 456% above the HPI over time, until the September 2009 sale, where it falls to 193% above the HPI. The line then continues to track at 193% above the HPI.

What might 5 CIRCULAR ROAD be worth now?

5 CIRCULAR ROAD might now be worth an estimated £730,257.

This is based on house price inflation of 128.2%, between September 2009 and May 2026, for terraced 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 128.2% inflationary increase is applied to the most recent sale price for 5 CIRCULAR ROAD of £320,000 on 4th September 2009. For the value to have increased from £320,000 to £730,257 over the seventeen years and four months to May 2026, the following assumptions must hold true:

• The value of 5 CIRCULAR ROAD has moved in line with the HPI for terraced houses in the Manchester local authority area.
• The September 2009 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CIRCULAR ROAD has not materially changed since September 2009.

How Large is 5 CIRCULAR ROAD?

5 CIRCULAR ROAD is 145m² according to the EPC inspection conducted in September 2011. This puts it in the largest 30% of terraced houses houses in Manchester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Manchester, and where 5 CIRCULAR ROAD lies on this distribution: 74% of terraced houses houses are smaller than 5 CIRCULAR ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Manchester.

5 CIRCULAR ROAD: Plot and Title Map

5 CIRCULAR ROAD sits on a plot of roughly 1.2 acres, or 4,819m². The below map shows the location of 5 CIRCULAR 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 5 CIRCULAR 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 5 CIRCULAR ROAD?

5 CIRCULAR ROAD is located in MANCHESTER, in the M20 postcode district. The below map shows the position of No. 5 on CIRCULAR ROAD.