40a, Harcourt Street, Luton, LU1 3QH

40a is a mid-terrace house in Luton (LU1 3QH). It has a recorded floor area of 42 m² (around 452 sq ft) and construction records dating it to 1900-1929. At 42 m² this is the 2nd smallest of 42 units on EPC record in the building, where floor areas span 39–128 m². The building's EPC ratings span E to C across 42 units on file. The latest certificate (July 2024) shows a D (score 64), on the cusp of jumping into the C band.

It hasn't traded since September 2007, a hold of 19 years that's notably long for the area. That sale landed at the peak of the pre-credit-crunch market, which is a useful reference point when interpreting the price. At 42 m² it sits well below the postcode median (70 m² across 41 EPCs), making it one of the more compact homes locally. Across 2001–2007, sale prices on this property compounded at 13.8% per year. Today's modelled estimate of £207,000 is 16.3% above the 2007 sale price. On a £-per-square-foot basis, the last sale (£394/sq ft) was about 172.6% above the typical sold price in the postcode.