Penn Lane - DE73 8EQ
Key Postcode Insights
DE73 8EQ is a residential postcode situated on Penn Lane, Melbourne, Derby, DE73 with 48 addresses.
It ranks as the 750th largest and 532nd most expensive of the 816 postcodes in the DE73 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 22 houses, 18 flats and 8 other properties.
- Ave. Sale Price
- £376,352
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £1,073pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
DE73 8EQ is a residential postcode situated on Penn Lane, Melbourne, Derby, DE73 with 48 addresses.
It ranks as the 750th largest and 532nd most expensive of the 816 postcodes in the DE73 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 48 properties: 22 houses, 18 flats and 8 other properties.
- Ave. Sale Price
- £376,352
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £1,073pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Properties in DE73 8EQ
- 1 Hermitage Mews Penn Lane
3 Bed Period House
- 2 Hermitage Mews Penn Lane
3 Bed Period House
- The National School
Building | 3 Flats
- 1 Penn Lane
2 Bed Period House
- 2 Penn Lane
3 Bed Early-century House
Sales Market Trends
The last sale in DE73 8EQ sold for £295,500 on 29th August 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £376,352.
The DE73 8EQ Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.3% | £376,352 |
| June 2025 | 1.2% | £371,527 |
| June 2024 | -1.6% | £367,043 |
| June 2023 | 3.2% | £373,070 |
| June 2022 | 7.1% | £361,660 |
| June 2021 | 8.1% | £337,527 |
| June 2020 | 0.2% | £312,271 |
| June 2019 | 1.9% | £311,739 |
| June 2018 | 4.7% | £305,993 |
| June 2017 | 3.8% | £292,170 |
| June 2016 | 2.4% | £281,455 |
| June 2015 | 6.4% | £274,741 |
| June 2014 | 3.7% | £258,306 |
| June 2013 | -2.5% | £248,989 |
| June 2012 | 4.7% | £255,437 |
| June 2011 | -1% | £243,975 |
| June 2010 | 7.3% | £246,450 |
| June 2009 | -11.2% | £229,766 |
| June 2008 | -4.3% | £258,746 |
| June 2007 | 0% | £270,273 |
Rental Market Trends
The current average rental value in the postcode is £1,073.
The DE73 8EQ Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,073pcm |
| June 2025 | -0.7% | £1,040pcm |
| June 2024 | 4.8% | £1,047pcm |
| June 2023 | 9.6% | £999pcm |
| June 2022 | 14.5% | £912pcm |
| June 2021 | 5.7% | £797pcm |
| June 2020 | 2.5% | £753pcm |
| June 2019 | 3.6% | £735pcm |
| June 2018 | 2% | £709pcm |
| June 2017 | 2.5% | £695pcm |
| June 2016 | 3.5% | £678pcm |
| June 2015 | 3.7% | £655pcm |
| June 2014 | 2.3% | £632pcm |
| June 2013 | 0.1% | £618pcm |
| June 2012 | 0.5% | £617pcm |
| June 2011 | 2.2% | £614pcm |
| June 2010 | 3.6% | £601pcm |
| June 2009 | -7.4% | £580pcm |
| June 2008 | -1.8% | £626pcm |
| June 2007 | 0% | £638pcm |
Sales History
The last recorded sale was on 29th August 2025 for £295,500 and since then the market in the area has increased by 0.7%.
DE73 8EQ has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Aug 2025£295,500 | 3 Bed House28, Penn Lane, Derby, DE73 8EQ28, Penn Lane, Derby, DE73 8EQ
- Sold Mar 2024£785,000 | 4 Bed House32, Penn Lane, Derby, DE73 8EQ32, Penn Lane, Derby, DE73 8EQ
- Sold Nov 2023£405,000 | 3 Bed House12, Penn Lane, Derby, DE73 8EQ12, Penn Lane, Derby, DE73 8EQ
Nearby Postcodes
DE73 8EQ is the 750th largest and the 532nd most expensive postcode out of the 816 postcodes in the DE73 area.
- DE73 8EZ, Peniston Rise, Melbourne, Derby, DE73DE73 8EZ29 Addresses|87 m away
- DE73 8GJ, High Street, Melbourne, Derby, DE73DE73 8GJ58 Addresses|94 m away
- DE73 8GQ, Thomas Cook Close, Melbourne, Derby, DE73DE73 8GQ16 Addresses|145 m away
- DE73 8DS, Market Place, Melbourne, Derby, DE73DE73 8DS21 Addresses|183 m away
- DE73 8GH, Quick Close, Melbourne, Derby, DE73DE73 8GH20 Addresses|185 m away
Property Types
- 9 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 3 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 15 mid-century flats built between 1936 and 1979
- 6 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- period house (9)
- period flat (3)
- modern house (3)
- mid-century house (4)
- mid-century flat (15)
- early-century house (6)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 37 properties.
- The most common rating is C.
- A (0)
- E (9)
- B (2)
- F (0)
- C (15)
- G (0)
- D (11)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Aug 2005£930,000 | 4 Bed House58, Penn Lane, Derby, DE73 8EQ58, Penn Lane, Derby, DE73 8EQ
- Sold Nov 2018£900,000 | 5 Bed HousePennside, Penn Lane, Derby, DE73 8EPPennside, Penn Lane, Derby, DE73 8EP
- Sold Sep 2024£790,000 | 4 Bed House100, Penn Lane, Derby, DE73 8EP100, Penn Lane, Derby, DE73 8EP
Schools Nearby
- Melbourne Junior School600 m away
- Melbourne Infant School700 m away
- St Hardulph's Church of England Primary School2.9 km away
- Chellaston Academy5.0 km away
- Castle Donington College6.6 km away
- Noel-Baker Academy6.8 km away
More reading links
Public Transport Nearby
The closest station to DE73 8EQ is Peartree station, which is 9.0 kilometres away.
- Peartree|9.0 km away
- Willington|9.6 km away
- Spondon|10.1 km away
- Derby|10.7 km away
