Has the system been cleaned, drained, and upon refilling had an inhibitor added? If not it could be a sludge build-up.
If so go to your local plumbers merchant (not a DIY shed - WAY toooooooo expensive) and get a cleaner and an inhibitor. Part drain the system, pour the cleaner into the header tank and refill. Run the system for a couple of days (during which this radiator should start working) and then drain it down completely - the water will likely be black. Refill, run it for a few hours, and then drain again whence the water should come out clean. Pour the inhibitor into the header tank and refill.
Best thing I ever did and I've never had any sludge problems since.
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The system hasn't been drained for years, but has always had inhibitor in it. We did have some minor plumbing done, though, about two weeks ago, without draining the system - replacing a leaking valve.
Chris R