51, COLWELL RISE, LUTON, LU2 9TJ - £364,000

51 COLWELL RISE is a large extended detached house of 130m², built sometime between 1976 and 1982. It was last sold for £364,000 in October 2015, which was around 11% above the average October 2015 detached price in the Luton local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

51 COLWELL RISE Sold Prices

Land registry data shows three sales for 51 COLWELL RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. All of the three 51 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
2015 2 OCT	£364,000	£328,400	11% above HPI
2012 6 JUL	£250,000	£244,883	2% above HPI
2002 26 APR	£165,000	£158,636	4% above HPI

51 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 three 51 COLWELL RISE sales between April 2002 and October 2015 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 July 2012 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2015 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 51 COLWELL RISE?

51 COLWELL RISE is 130m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 30% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 51 COLWELL RISE lies on this distribution: 73% of detached houses are smaller than 51 COLWELL RISE, and 26% of houses are larger. Note that EPC data is not available for all properties in Luton.

51 COLWELL RISE: Plot and Title Map

51 COLWELL RISE sits on a plot of roughly 0.079 of an acre, or 322m². The below map shows the location of 51 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 51 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 51 COLWELL RISE?

51 COLWELL RISE is located in LUTON, in the LU2 postcode district. The below map shows the position of No. 51 on COLWELL RISE.