45, VICTORY CLOSE, CANNOCK, WS12 2GB - £170,000

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.

45 VICTORY CLOSE is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £177,343. It was last sold for £170,000 in October 2022, which was around 1% below the average October 2022 terraced price in the Cannock Chase local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

45 VICTORY CLOSE Sold Prices

Land registry data shows four sales for 45 VICTORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Cannock Chase local authority area for the corresponding sale date. Most of the four 45 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 31 OCT	£170,000	£172,085	1% below HPI
2014 1 SEP	£107,000	£109,331	2% below HPI
2005 25 NOV	£95,000	£98,622	4% below HPI
2001 18 MAY	£51,000	£45,000	13% above HPI

45 VICTORY CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Cannock Chase local authority area over time, sourced from the HPI. The four 45 VICTORY CLOSE sales between May 2001 and October 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 September 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the October 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 45 VICTORY CLOSE be worth now?

45 VICTORY CLOSE might now be worth an estimated £177,343.

This is based on house price inflation of 4.3%, between October 2022 and May 2026, for terraced 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 4.3% inflationary increase is applied to the most recent sale price for 45 VICTORY CLOSE of £170,000 on 31st October 2022. For the value to have increased from £170,000 to £177,343 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 45 VICTORY CLOSE has moved in line with the HPI for terraced houses in the Cannock Chase local authority area.
• The October 2022 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 45 VICTORY CLOSE has not materially changed since October 2022.

How Large is 45 VICTORY CLOSE?

45 VICTORY CLOSE is 54m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of terraced houses houses in Cannock, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cannock, and where 45 VICTORY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 45 VICTORY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cannock.

45 VICTORY CLOSE: Plot and Title Map

45 VICTORY CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 45 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 45 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 45 VICTORY CLOSE?

45 VICTORY CLOSE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 45 on VICTORY CLOSE.