Will a bad knock sensor make a knocking noise in the motor

I looked 03 honda crv, 2.4L engine. A four cylinder only has one bank. I looked at wiring diagram, it only showed one knock sensor. Hope this helps. It appears to be left of starter motor. If picture is incorrect, my bad.

Knock sensor rarely go bad. I have never changed one. If you start it and hear a knocking noise or the noise doesn't go away. That is your problem. Not the sensor.

On both cars the knock sensor is located in the intake valley.

the computer receive signals if engine knocking and adjust the timing till stop.Before replace the sensors make sure the engine have no other misfire ,bad gas or vacuum leak.plug scan tool and read the code.Only circuit problem will be a true knock problem. Inspect all wire connectors before start taking a part.

bad motor or transmission mount.

could be a big end or main bearing but there are a few simple checks that can be done first
1--have the oil pressure checked using a mechanical gauge
if there is a bad bearing there will be low pressure at idle
2 --check the exhaust for smoke under load
if there is a bad bearing , the escaping oil will overload the oil ring and produce smoke
( if smoke comes after idling at lights and on taking off that is valve stem seals)
3--- run the fault codes and check for knock sensor problems
the noise could be detonation under load from lean fuel mixture or incorrect timing
4---check the ignition timing
5-- run the engine when it is knocking and remove a plug wire and see if the knocking stops
bearings will stop knocking if there is no combustion to place load on the crankshaft
That will also indicate which big end you have to check if you have to pull the sump
Too far advanced will cause the pistons to slap the cylinder walls hard for too far advanced ignition
you statement that the noise goes after 40 indicates that it is not a bearing as the high the rpm the louder the noise
taking the foot off the pedal indicates detonation
lastly if all the checks prove good , you could always have the sump removed and check each big end and main individually for damage
sometimes a failing cam chain if fitted ( no motor identified) will knock as the chain hits the timing cover

does you motor have knock sensors,they could be bad

Hard to say over the internet but I will try to explain. If the noise is a distict KNOCK KNOCK and it sounds like it is coming from the bottom of the engine, then it most likely is a rod or main bearing. If it is a TAP TAP noise that sounds like it's coming from the top of the engine, then most likely a valve lifer is failing/failed.
the fact that it goes away when the car is warm, makes me lean towards a bad lifter. Normaly if a bearing is bad and knocking, the noise doesn't go away.

The KNOCK noise will be somewhat hollow sounding and the TAP TAP sound will be more solid. If the KNOCK KNOCK is solid, then a rod or main bearing has most likely failed to the point that a new/reman engine will be needed.

No it isnt a knock sensor the knock sensor job is to detect a knock noise and ****** timing. The knock that it is looking for is from octane or fuel or pinging that creates N0X s. A pollution gas. The knocking noise that you are hearing is different. If it is a multiple noise ar a rattling sound that will be the valves. There are other noises like a piston knock this knock is a sharp metallic noise, If the knock occurs only on acceleration that noise is a crankshaft noise. You need to check you oil level and make sure it is corrects. Look at the oil condition do you see silverish or whitish condition,is the oil deep black.

First, I would like to mention that most knock sensor codes are not caused by the knock sensors, but a mechanical problem with the engine. The knock sensors cannot differentiate between noises caused by mechanical problems like a bad pulley bearing, bad motor mount, noisy alternator bearings, etc. and spark knock. knock sensor codes are set when the computer has retarded the timing as far as possible to compensate for ignition ping (Spark Knock) and the noise still exists.

With that said, here are the instructions.

Remove the Intake Chamber assembly.
Disconnect Injector connectors.
Disconnect the heater hose from the Intake Manifold.
Remove the 9 bolts. 2 nuts, 2 plate washers and Intake Manifold assembly.
Remove right hand engine mounting stay and water outlet.
Disconnect the following hoses and connectors:
Radiator inlet hose.
Engine coolant reservoir hose.
Engine Coolant Temperature Sensor connector.
Engine Coolant Temperature Switch connector.
Ground strap connector.

Remove the 3 bolts and right hand mounting stay.
Remove the wire band.
Disconnect the water bypass hose from the inlet housing.
Remove the 2 bolts, 2 nuts, 2 plate washers and water outlet.
Remove the 2 gaskets.
Disconnect the Knock Sensor connectors.
Remove the Knock Sensors.

If it is coming from the top of the motor, I would say it is a lifter tapping. If the sound is coming from the lower end of the motor I would say you have a rod knocking. If it is alifter you can replace just that lifter, if it is the rod I would consider a rebuild.