Penn Lane - DE73 8EP
Key Postcode Insights
DE73 8EP is a residential postcode situated on Penn Lane, Melbourne, Derby, DE73 with 7 addresses.
It ranks as the 216th largest and 789th most expensive of the 816 postcodes in the DE73 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £746,804
- 10 Year change
- up 36.6%
- Ave. Rental Price
- £1,775pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 2.9%/year/yr
Key Postcode Insights
DE73 8EP is a residential postcode situated on Penn Lane, Melbourne, Derby, DE73 with 7 addresses.
It ranks as the 216th largest and 789th most expensive of the 816 postcodes in the DE73 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £746,804
- 10 Year change
- up 36.6%
- Ave. Rental Price
- £1,775pcm
- 10 Year change
- up 61.7%
- Ave. £ per ft²
- £372/ft²
- Ave. Gross Yield
- 2.9%/year/yr
Explore Propertiesin DE73 8EP
- Pennside
5 Bed Modern House
- The Hollow
5 Bed Mid-century House
- 72 Penn Lane
Unknown
- 74 Penn Lane
Unknown
- 100A Penn Lane
4 Bed Period House
Sales Market Trends
The last sale in DE73 8EP sold for £790,000 on 6th September 2024. Since then prices are up an average of 2.8%.
The current average value in the postcode is £746,804.
The DE73 8EP Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £746,804 |
| June 2025 | 1.5% | £742,545 |
| June 2024 | -2.1% | £731,441 |
| June 2023 | 3.6% | £747,055 |
| June 2022 | 7.5% | £721,238 |
| June 2021 | 8.7% | £671,075 |
| June 2020 | 0.4% | £617,523 |
| June 2019 | 2.3% | £614,927 |
| June 2018 | 5% | £601,073 |
| June 2017 | 4.7% | £572,312 |
| June 2016 | 3.4% | £546,633 |
| June 2015 | 7.1% | £528,623 |
| June 2014 | 3.7% | £493,516 |
| June 2013 | -2.2% | £475,768 |
| June 2012 | 6.4% | £486,504 |
| June 2011 | 0.1% | £457,354 |
| June 2010 | 9.1% | £456,903 |
| June 2009 | -9.9% | £418,772 |
| June 2008 | -3.5% | £464,856 |
| June 2007 | 0% | £481,665 |
Rental Market Trends
The current average rental value in the postcode is £1,775.
The DE73 8EP Rental Market has increased by 61.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,775pcm |
| June 2025 | -0.4% | £1,734pcm |
| June 2024 | 4.3% | £1,741pcm |
| June 2023 | 10% | £1,669pcm |
| June 2022 | 14.9% | £1,517pcm |
| June 2021 | 6.3% | £1,321pcm |
| June 2020 | 2.8% | £1,242pcm |
| June 2019 | 4.1% | £1,209pcm |
| June 2018 | 2.3% | £1,162pcm |
| June 2017 | 3.4% | £1,136pcm |
| June 2016 | 4.5% | £1,098pcm |
| June 2015 | 4.4% | £1,051pcm |
| June 2014 | 2.3% | £1,006pcm |
| June 2013 | 0.5% | £984pcm |
| June 2012 | 2.1% | £980pcm |
| June 2011 | 3.3% | £960pcm |
| June 2010 | 5.4% | £929pcm |
| June 2009 | -6.1% | £881pcm |
| June 2008 | -1% | £938pcm |
| June 2007 | 0% | £948pcm |
Sales History
The last sale was on 6th September 2024 for £790,000 and since then the market in the area has increased by 2.8%. The postcode has had a total of 11 sales since 1995.
DE73 8EP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£790,000 | 4 Bed House100, Penn Lane, Derby, DE73 8EP100, Penn Lane, Derby, DE73 8EP
- Sold Nov 2020£9,500 | 4 Bed House125, Penn Lane, Derby, DE73 8EP125, Penn Lane, Derby, DE73 8EP
- Sold Oct 2020£590,000 | 4 Bed House125, Penn Lane, Derby, DE73 8EP125, Penn Lane, Derby, DE73 8EP
- Sold Nov 2018£900,000 | 5 Bed HousePennside, Penn Lane, Derby, DE73 8EPPennside, Penn Lane, Derby, DE73 8EP
- Sold Sep 2017£344,099 | 4 Bed House100, Penn Lane, Derby, DE73 8EP100, Penn Lane, Derby, DE73 8EP
Nearby Postcodes
DE73 8EP is the 216th largest and the 789th most expensive postcode out of the 816 postcodes in the DE73 area.
- DE73 8LN, Bishops Court, Melbourne, Derby, DE73DE73 8LN4 Addresses|73 m away
- DE73 8ER, Salisbury Lane, Melbourne, Derby, DE73DE73 8ER2 Addresses|97 m away
- DE73 8ET, Chantry Close, Melbourne, Derby, DE73DE73 8ET9 Addresses|136 m away
- DE73 8EJ, Church Street, Melbourne, Derby, DE73DE73 8EJ28 Addresses|138 m away
- DE73 8JH, Church Square, Melbourne, Derby, DE73DE73 8JH12 Addresses|154 m away
Property Types
- 3 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 other addresses of unknown type
- period house (3)
- modern house (1)
- mid-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (1)
- C (2)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Melbourne Junior School700 m away
- Melbourne Infant School800 m away
- St Hardulph's Church of England Primary School2.7 km away
- Chellaston Academy5.1 km away
- Castle Donington College6.4 km away
- Noel-Baker Academy7.0 km away
More reading links
Public Transport Nearby
The closest station to DE73 8EP is Peartree station, which is 9.1 kilometres away.
- Peartree|9.1 km away
- Willington|9.9 km away
- Spondon|10.2 km away
- Derby|10.9 km away
