1, MEMNON COURT, COLCHESTER, CO2 7QW - £343,000

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.

1 MEMNON COURT is a very large detached house of 165m², built sometime from 2007 onwards, which could now be worth an estimated £396,989. It was last sold for £343,000 in January 2018, which was around 21% below the average January 2018 detached price in the Colchester local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

1 MEMNON COURT Sold Prices

Land registry data shows two sales for 1 MEMNON COURT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. One of the two 1 MEMNON COURT sales was for below the average price, whilst the other was 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
2018 5 JAN	£343,000	£433,939	21% below HPI
2007 13 JUN	£305,000	£299,762	2% above HPI

1 MEMNON COURT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The two 1 MEMNON COURT sales from June 2007 and January 2018 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 June 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 1 MEMNON COURT be worth now?

1 MEMNON COURT might now be worth an estimated £396,989.

This is based on house price inflation of 15.7%, between January 2018 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 1 MEMNON COURT of £343,000 on 5th January 2018. For the value to have increased from £343,000 to £396,989 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 1 MEMNON COURT has moved in line with the HPI for detached houses in the Colchester local authority area.
• The January 2018 sale price of £343,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEMNON COURT has not materially changed since January 2018.

How Large is 1 MEMNON COURT?

1 MEMNON COURT is 165m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses houses in Colchester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colchester, and where 1 MEMNON COURT lies on this distribution: 87% of detached houses houses are smaller than 1 MEMNON COURT, and 13% of houses are larger. Note that EPC data is not available for all properties in Colchester.

1 MEMNON COURT: Plot and Title Map

1 MEMNON COURT sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 MEMNON COURT, 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 1 MEMNON COURT). 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 1 MEMNON COURT?

1 MEMNON COURT is located in COLCHESTER, in the CO2 postcode district. The below map shows the position of No. 1 on MEMNON COURT.