38, COLWELL RISE, LUTON, LU2 9UA - £229,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 COLWELL RISE is a small semi-detached house of 96m², built sometime between 1950 and 1966. It was last sold for £229,000 in December 2007, which was around 15% below the average December 2007 detached price in the Luton local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

38 COLWELL RISE Sold Prices

Land registry data shows two sales for 38 COLWELL RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Both of the two 38 COLWELL RISE 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
2007 7 DEC	£229,000	£268,730	15% below HPI
2004 10 FEB	£174,000	£220,486	21% below HPI

38 COLWELL RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The two 38 COLWELL RISE sales from February 2004 and December 2007 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 February 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the December 2007 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 38 COLWELL RISE?

38 COLWELL RISE is 96m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 38 COLWELL RISE lies on this distribution: 33% of detached houses are smaller than 38 COLWELL RISE, and 65% of houses are larger. Note that EPC data is not available for all properties in Luton.

38 COLWELL RISE: Plot and Title Map

38 COLWELL RISE sits on a plot of roughly 0.053 of an acre, or 212m². The below map shows the location of 38 COLWELL RISE, 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 38 COLWELL RISE). 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 38 COLWELL RISE?

38 COLWELL RISE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 38 on COLWELL RISE.