diff --git a/clang/lib/Sema/SemaTemplate.cpp b/clang/lib/Sema/SemaTemplate.cpp
--- a/clang/lib/Sema/SemaTemplate.cpp
+++ b/clang/lib/Sema/SemaTemplate.cpp
@@ -1587,6 +1587,17 @@
 
   // Check the well-formedness of the default template argument, if provided.
   if (Default) {
+    // Local variables may not be used as default template arguments.
+    if (auto *DRE = dyn_cast<DeclRefExpr>(Default)) {
+      if (VarDecl *VD = dyn_cast<VarDecl>(DRE->getDecl())) {
+        if (VD->isLocalVarDecl() && !DRE->isNonOdrUse()) {
+          Diag(DRE->getLocation(),
+               diag::err_param_default_argument_references_local)
+              << VD->getNameAsString();
+        }
+      }
+    }
+
     // Check for unexpanded parameter packs.
     if (DiagnoseUnexpandedParameterPack(Default, UPPC_DefaultArgument))
       return Param;
diff --git a/clang/test/SemaTemplate/default-template-arguments.cpp b/clang/test/SemaTemplate/default-template-arguments.cpp
new file mode 100644
--- /dev/null
+++ b/clang/test/SemaTemplate/default-template-arguments.cpp
@@ -0,0 +1,21 @@
+// RUN: %clang_cc1 -fsyntax-only -std=c++20 -verify %s
+
+namespace GH48755 {
+constexpr int z = 2;
+
+auto f() {
+  constexpr int x_constexpr = 1;
+  const int x_const = 1;
+  static int x_static = 1;
+
+  auto lambda1 = [] <auto y = x_constexpr> {}; // expected-error {{default argument references local variable x_constexpr of enclosing function}}
+  auto lambda2 = [] <auto y = x_static> {}; // expected-error {{default argument references local variable x_static of enclosing function}}
+  auto lambda3 = [] <auto y = x_const> {}; // expected-error {{default argument references local variable x_const of enclosing function}}
+  auto lambda4 = [] <auto y = 42> {};
+  auto lambda5 = [] <auto y = z> {};
+  auto lambda6 = [] <auto y> {};
+
+  const int x_int_const = 1;
+  auto lambda7 = [] <int y = x_int_const> {}; // expected-error {{default argument references local variable x_int_const of enclosing function}}
+}
+}