5, COLWELL RISE, LUTON, LU2 9TJ - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 COLWELL RISE is a very small extended semi-detached house of 85m², built sometime between 1976 and 1982. It was last sold for £360,000 in June 2024, which was around 14% above the average June 2024 semi-detached price in the Luton local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was C.

5 COLWELL RISE Sold Prices

Land registry data shows three sales for 5 COLWELL RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. All of the three 5 COLWELL RISE 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
2024 19 JUN	£360,000	£316,224	14% above HPI
2016 6 JAN	£242,000	£233,646	4% above HPI
2004 27 FEB	£150,000	£146,072	3% above HPI

5 COLWELL RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Luton local authority area over time, sourced from the HPI. The three 5 COLWELL RISE sales between February 2004 and June 2024 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 January 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the June 2024 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 5 COLWELL RISE be worth now?

5 COLWELL RISE might now be worth an estimated £371,232.

This is based on house price inflation of 3.1%, between June 2024 and December 2024, for semi-detached houses, in the Luton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.1% inflationary increase is applied to the most recent sale price for 5 COLWELL RISE of £360,000 on 19th June 2024. For the value to have increased from £360,000 to £371,232 over the six months to December 2024, the following assumptions must hold true:

• The value of 5 COLWELL RISE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The June 2024 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COLWELL RISE has not materially changed since June 2024.

How Large is 5 COLWELL RISE?

5 COLWELL RISE is 85m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 20% of semi-detached houses houses in Luton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Luton, and where 5 COLWELL RISE lies on this distribution: 19% of semi-detached houses houses are smaller than 5 COLWELL RISE, and 79% of houses are larger. Note that EPC data is not available for all properties in Luton.

5 COLWELL RISE: Plot and Title Map

5 COLWELL RISE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 5 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 5 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 5 COLWELL RISE?

5 COLWELL RISE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 5 on COLWELL RISE.