31, VICTORY CLOSE, CANNOCK, WS12 2GB - £275,000

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.

31 VICTORY CLOSE is a very small extended semi-detached house of 70m², built sometime between 1991 and 1995, which could now be worth an estimated £287,296. It was last sold for £275,000 in June 2023, which was around 35% above the average June 2023 semi-detached price in the Cannock Chase local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

31 VICTORY CLOSE Sold Prices

Land registry data shows five sales for 31 VICTORY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Cannock Chase local authority area for the corresponding sale date. All of the five 31 VICTORY CLOSE 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
2023 22 JUN	£275,000	£203,095	35% above HPI
2019 6 SEP	£158,000	£153,550	3% above HPI
2008 3 OCT	£130,000	£115,725	12% above HPI
2003 27 JUN	£115,000	£86,148	33% above HPI
1998 17 JUN	£53,000	£47,049	13% above HPI

31 VICTORY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Cannock Chase local authority area over time, sourced from the HPI. The five 31 VICTORY CLOSE sales between June 1998 and June 2023 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 September 2019 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2023 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 31 VICTORY CLOSE be worth now?

31 VICTORY CLOSE might now be worth an estimated £287,296.

This is based on house price inflation of 4.5%, between June 2023 and February 2025, for semi-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 4.5% inflationary increase is applied to the most recent sale price for 31 VICTORY CLOSE of £275,000 on 22nd June 2023. For the value to have increased from £275,000 to £287,296 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 31 VICTORY CLOSE has moved in line with the HPI for semi-detached houses in the Cannock Chase local authority area.
• The June 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 31 VICTORY CLOSE has not materially changed since June 2023.

How Large is 31 VICTORY CLOSE?

31 VICTORY CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of semi-detached houses houses in Cannock, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cannock, and where 31 VICTORY CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 31 VICTORY CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Cannock.

31 VICTORY CLOSE: Plot and Title Map

31 VICTORY CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 31 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 31 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 31 VICTORY CLOSE?

31 VICTORY CLOSE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 31 on VICTORY CLOSE.