7, VICTORY CLOSE, CANNOCK, WS12 2GB - £168,000

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

7 VICTORY CLOSE is a small extended detached house of 90m², built sometime between 1996 and 2002. It was last sold for £168,000 in May 2014, which was around 15% below the average May 2014 detached price in the Cannock Chase local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

7 VICTORY CLOSE Sold Prices

Land registry data shows two sales for 7 VICTORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cannock Chase local authority area for the corresponding sale date. Both of the two 7 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
2014 9 MAY	£168,000	£197,771	15% below HPI
2003 4 JUL	£122,950	£151,043	19% below HPI

7 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 two 7 VICTORY CLOSE sales from July 2003 and May 2014 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 July 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2014 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 7 VICTORY CLOSE?

7 VICTORY CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Cannock, based on EPC data. The below chart shows the distribution of detached houses by size in Cannock, and where 7 VICTORY CLOSE lies on this distribution: 28% of detached houses are smaller than 7 VICTORY CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Cannock.

7 VICTORY CLOSE: Plot and Title Map

7 VICTORY CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 7 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 7 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 7 VICTORY CLOSE?

7 VICTORY CLOSE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 7 on VICTORY CLOSE.