Flat 1, 40 Malzeard Road, Luton, LU3 1BD
About Flat 1
Flat 1 is a semi-detached house in Luton (LU3 1BD). It has a recorded floor area of 39 m² (around 420 sq ft), construction records dating it to 1991-1995 and council tax band A. At 39 m² this is the smallest unit on EPC record across the building (39–40 m²). The building's EPC ratings span D to C, with this unit at the top. On EPC score it ranks first in the building (72 versus a worst of 60). The latest certificate (November 2018) shows a C (score 72). Main heating runs on electricity.
Held since May 2009 — that's 17 years off the open market, well above the local norm. That sale fell during the post-crash dip, which often skews comparisons against later neighbouring sales. Across 1999–2009, sale prices on this property compounded at 11.2% per year. Today's modelled estimate of £121,000 sits 72.9% above the 2009 sale of £70,000. At 39 m² it sits well below the postcode median (103 m² across 19 EPCs), making it one of the more compact homes locally. Its energy rating outperforms most of the postcode (better than 84% of similar EPCs).
Know exactly what you're buying at Flat 1
Before you offer, see what the listing won't tell you, the true value, the red flags and the full history.
Already flagged here
Valuation
against the asking price
Risks
planning & flood
Sold prices
similar homes nearby
Trends
the local market
Energy performance
EPC Rating
Planning history
Flat 1 has no planning applications on record.
Notable planning nearby
17applications of note in the surrounding area
We flagged 2 things worth checking at Flat 1
Independent checks surfaced things a buyer would want to understand before offering. The report explains each one in full, with the underlying data and what to ask.
- Signs of HMO activity in the area
- Larger development activity nearby
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Sales history & valuation
Flat 1 has more than doubled in price since the earliest registered sale in 1999.
£121,000
Modelled from EPC, postcode comparables and a sale-price growth of 11.2% per year over 10 years.
£70,000
Growth on file: 11.2% per year over 10 years.
Sales timeline
10 May 2009Most recent
£70,000
+197.9%over 10 years15 January 1999
£23,500
Median price across the last 5 sales in LU3 1BD: £375,500 (2022–2015).
Everything we know about Flat 1, in one report
What it's really worth, what could be wrong, and the planning, sales and area data in full.
What we flagged
- Signs of HMO activity in the area
- Larger development activity nearby
Versus other Malzeard Road homes
Flat 1 outperforms the street on epc rating by a wide margin.
EPC Rating
72 (C)
Street avg 65 (D)
Floor Area
39 m²
Street avg 40 m²
CO₂ Emissions
2.7 t/year
Street avg 2.6 t/year
Habitable Rooms
2 rooms
Street avg 2 rooms
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The neighbourhood at a glance
Reported crime in the wider district is trending notably upward year-on-year.
Crime
6/mo
Rising year-on-year across the wider district.
Nearest stop
0.2 km
Studley Road — bus stop.
Closest school
0.4 km
Denbigh High School. 39 schools nearby.
Go deeper on the local area
The full report breaks down crime, transport links, schools and air quality in depth.
Road noise across the postcode
Daytime· 07:00 – 23:00
53.4dB
Night-time· 23:00 – 07:00
43.9dB