8, VICTORY CLOSE, CANNOCK, WS12 2GB - £190,000

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.

8 VICTORY CLOSE is a very small terraced house of 52m², built sometime between 1996 and 2002, which could now be worth an estimated £202,108. It was last sold for £190,000 in July 2023, which was around 13% above the average July 2023 terraced price in the Cannock Chase local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

8 VICTORY CLOSE Sold Prices

Land registry data shows three sales for 8 VICTORY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Cannock Chase local authority area for the corresponding sale date. All of the three 8 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 20 JUL	£190,000	£168,763	13% above HPI
2007 3 SEP	£123,000	£111,817	10% above HPI
2001 27 JUL	£53,500	£46,697	15% above HPI

8 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 three 8 VICTORY CLOSE sales between July 2001 and July 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 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2023 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 8 VICTORY CLOSE be worth now?

8 VICTORY CLOSE might now be worth an estimated £202,108.

This is based on house price inflation of 6.4%, between July 2023 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 6.4% inflationary increase is applied to the most recent sale price for 8 VICTORY CLOSE of £190,000 on 20th July 2023. For the value to have increased from £190,000 to £202,108 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 8 VICTORY CLOSE has moved in line with the HPI for terraced houses in the Cannock Chase local authority area.
• The July 2023 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 8 VICTORY CLOSE has not materially changed since July 2023.

How Large is 8 VICTORY CLOSE?

8 VICTORY CLOSE is 52m² according to the EPC inspection conducted in March 2023. 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 8 VICTORY CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 8 VICTORY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Cannock.

8 VICTORY CLOSE: Plot and Title Map

8 VICTORY CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 8 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 8 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 8 VICTORY CLOSE?

8 VICTORY CLOSE is located in CANNOCK, in the WS12 postcode district. The below map shows the position of No. 8 on VICTORY CLOSE.