5, VICTORY CLOSE, CANNOCK, WS12 2GB - £237,000

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 VICTORY CLOSE is a very small detached house of 81m², built sometime between 1996 and 2002, which could now be worth an estimated £281,239. It was last sold for £237,000 in June 2021, which was around 17% below the average June 2021 detached price in the Cannock Chase local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

5 VICTORY CLOSE Sold Prices

Land registry data shows four sales for 5 VICTORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. All of the four 5 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
2021 4 JUN	£237,000	£284,466	17% below HPI
2015 27 MAR	£153,950	£204,051	25% below HPI
2004 19 NOV	£152,500	£176,946	14% below HPI
2002 29 AUG	£104,950	£124,698	16% below HPI

5 VICTORY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The four 5 VICTORY CLOSE sales between August 2002 and June 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 March 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 VICTORY CLOSE be worth now?

5 VICTORY CLOSE might now be worth an estimated £281,239.

This is based on house price inflation of 18.7%, between June 2021 and February 2025, for detached houses, in the Cannock Chase local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.7% inflationary increase is applied to the most recent sale price for 5 VICTORY CLOSE of £237,000 on 4th June 2021. For the value to have increased from £237,000 to £281,239 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 VICTORY CLOSE has moved in line with the HPI for detached houses in the Cannock Chase local authority area.
• The June 2021 sale price of £237,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VICTORY CLOSE has not materially changed since June 2021.

How Large is 5 VICTORY CLOSE?

5 VICTORY CLOSE is 81m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 20% of detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cannock, and where 5 VICTORY CLOSE lies on this distribution: 17% of detached houses houses are smaller than 5 VICTORY CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Cannock.

5 VICTORY CLOSE: Plot and Title Map

5 VICTORY CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 5 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 5 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.

Where is 5 VICTORY CLOSE?

5 VICTORY CLOSE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 5 on VICTORY CLOSE.