8, KNOLL RISE, LUTON, LU2 7JA - £500,000

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

8 KNOLL RISE is a midsized extended semi-detached house of 116m², built sometime between 1930 and 1949. It was last sold for £500,000 in December 2023, which was around 59% above the average December 2023 semi-detached price in the Luton local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

8 KNOLL RISE Sold Prices

Land registry data shows two sales for 8 KNOLL RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Luton local authority area for the corresponding sale date. Both of the two 8 KNOLL 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
2023 11 DEC	£500,000	£314,446	59% above HPI
2001 23 FEB	£128,000	£86,838	47% above HPI

8 KNOLL 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 two 8 KNOLL RISE sales from February 2001 and December 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 February 2001 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the December 2023 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 8 KNOLL RISE be worth now?

8 KNOLL RISE might now be worth an estimated £518,515.

This is based on house price inflation of 3.7%, between December 2023 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 3.7% inflationary increase is applied to the most recent sale price for 8 KNOLL RISE of £500,000 on 11th December 2023. For the value to have increased from £500,000 to £518,515 over the one year to December 2024, the following assumptions must hold true:

• The value of 8 KNOLL RISE has moved in line with the HPI for semi-detached houses in the Luton local authority area.
• The December 2023 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KNOLL RISE has not materially changed since December 2023.

How Large is 8 KNOLL RISE?

8 KNOLL RISE is 116m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% 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 8 KNOLL RISE lies on this distribution: 59% of semi-detached houses houses are smaller than 8 KNOLL RISE, and 40% of houses are larger. Note that EPC data is not available for all properties in Luton.

8 KNOLL RISE: Plot and Title Map

8 KNOLL RISE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 8 KNOLL 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 8 KNOLL 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 8 KNOLL RISE?

8 KNOLL RISE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 8 on KNOLL RISE.