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
37 VICTORY CLOSE is a very small semi-detached house of 54m², built sometime between 1996 and 2002. It was last sold for £192,000 in May 2022, which was around 39% below the average May 2022 detached price in the Cannock Chase local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 37 VICTORY CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the five 37 VICTORY CLOSE sales were for below 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 |
---|---|---|---|
2022 6 MAY | £192,000 | £314,258 | 39% below HPI |
2012 15 JUN | £118,500 | £188,027 | 37% below HPI |
2007 27 JUL | £118,500 | £203,568 | 42% below HPI |
2002 2 AUG | £62,950 | £124,847 | 50% below HPI |
1998 7 OCT | £42,000 | £78,692 | 47% below HPI |
The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The five 37 VICTORY CLOSE sales between October 1998 and May 2022 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 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.
37 VICTORY CLOSE is 54m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 37 VICTORY CLOSE lies on this distribution: 1% of detached houses are smaller than 37 VICTORY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cannock.
37 VICTORY CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 37 VICTORY CLOSE, 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 37 VICTORY CLOSE). 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.
37 VICTORY CLOSE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 37 on VICTORY CLOSE.