Penn Lane - LE14 4JA
Key Street Insights
Penn Lane is a residential street with 19 addresses.
It ranks as the 427th largest and 542nd most expensive of the 590 streets in the LE14 area. The most common property type is a modern house built after 1980.
The street contains a total of 19 properties: 19 houses.
- Ave. Sale Price
- £621,912
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £1,575pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Key Street Insights
Penn Lane is a residential street with 19 addresses.
It ranks as the 427th largest and 542nd most expensive of the 590 streets in the LE14 area. The most common property type is a modern house built after 1980.
The street contains a total of 19 properties: 19 houses.
- Ave. Sale Price
- £621,912
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £1,575pcm
- 10 Year change
- up 56.8%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 3.0%/year/yr
Explore Propertieson Penn Lane, Stathern, Melton Mowbray, LE14
- Lodge Farm
Unknown
- The Barn
5 Bed Modern House
- 1 Penn Lane
5 Bed House
- 2 Penn Lane
5 Bed Modern House
- 3 Penn Lane
4 Bed Period House
Sales Market Trends
The last sale on Penn Lane sold for £300,000 on 18th December 2023. Since then prices are up an average of 1.4%.
The current average value in the street is £621,912.
The Penn Lane Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £621,912 |
| June 2025 | 2% | £629,158 |
| June 2024 | -1.6% | £616,962 |
| June 2023 | 0.9% | £627,130 |
| June 2022 | 10.2% | £621,810 |
| June 2021 | 5.9% | £564,508 |
| June 2020 | 2.4% | £533,095 |
| June 2019 | 1.1% | £520,654 |
| June 2018 | 5.5% | £514,784 |
| June 2017 | 4.9% | £487,751 |
| June 2016 | 5.5% | £465,016 |
| June 2015 | 8.2% | £440,665 |
| June 2014 | 5.1% | £407,399 |
| June 2013 | 3.1% | £387,470 |
| June 2012 | 1.1% | £375,900 |
| June 2011 | -0.6% | £371,847 |
| June 2010 | 6.3% | £374,103 |
| June 2009 | -9.3% | £351,806 |
| June 2008 | -2.1% | £387,875 |
| June 2007 | 0% | £396,240 |
Rental Market Trends
The current average rental value in the street is £1,575.
The Penn Lane Rental Market has increased by 56.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,575pcm |
| June 2025 | 6.4% | £1,541pcm |
| June 2024 | 6.2% | £1,448pcm |
| June 2023 | 6.4% | £1,364pcm |
| June 2022 | 10.3% | £1,282pcm |
| June 2021 | 5.8% | £1,162pcm |
| June 2020 | 0.9% | £1,099pcm |
| June 2019 | 2% | £1,089pcm |
| June 2018 | 4.7% | £1,068pcm |
| June 2017 | 1.6% | £1,020pcm |
| June 2016 | 3.2% | £1,004pcm |
| June 2015 | 4.3% | £973pcm |
| June 2014 | 1.9% | £933pcm |
| June 2013 | 2.3% | £915pcm |
| June 2012 | 1.8% | £895pcm |
| June 2011 | 1% | £879pcm |
| June 2010 | 4.8% | £870pcm |
| June 2009 | -4.3% | £830pcm |
| June 2008 | -3.8% | £868pcm |
| June 2007 | 0% | £902pcm |
Sales History
The last sale was on 18th December 2023 for £300,000 and since then the market in the area has increased by 1.4%. The street has had a total of 22 sales since 1995.
Penn Lane, Stathern, Melton Mowbray, LE14 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£300,000 | 4 Bed House3, Penn Lane, Melton Mowbray, LE14 4JA3, Penn Lane, Melton Mowbray, LE14 4JA
- Sold Dec 2021£802,000 | 5 Bed House4, Penn Lane, Melton Mowbray, LE14 4JA4, Penn Lane, Melton Mowbray, LE14 4JA
- Sold Dec 2021£802,000 | 5 Bed House4, Penn Lane, Melton Mowbray, LE14 4JA4, Penn Lane, Melton Mowbray, LE14 4JA
- Sold Jun 2021£750,000 | 5 Bed House2, Penn Lane, Melton Mowbray, LE14 4JA2, Penn Lane, Melton Mowbray, LE14 4JA
- Sold Jul 2020£921,000 | 5 Bed House8B, Penn Lane, Melton Mowbray, LE14 4JA8B, Penn Lane, Melton Mowbray, LE14 4JA
Top 3 Most Expensive Sales
- Sold Jul 2020£921,000 | 5 Bed House8B, Penn Lane, Melton Mowbray, LE14 4JA8B, Penn Lane, Melton Mowbray, LE14 4JA
- Sold Sep 2017£825,000 | 5 Bed House10, Penn Lane, Melton Mowbray, LE14 4JA10, Penn Lane, Melton Mowbray, LE14 4JA
- Sold Dec 2021£802,000 | 5 Bed House4, Penn Lane, Melton Mowbray, LE14 4JA4, Penn Lane, Melton Mowbray, LE14 4JA
Nearby Streets
Penn Lane, Stathern, Melton Mowbray, LE14 is the 427th largest and the 542nd most expensive street in the LE14 area.
- City Road, Stathern, Melton Mowbray, LE1421 Addresses|145 m away
- Blacksmith End, Stathern, Melton Mowbray, LE1428 Addresses|231 m away
- Chapel Lane, Stathern, Melton Mowbray, LE146 Addresses|259 m away
- Levesley Gardens, Stathern, Melton Mowbray, LE146 Addresses|275 m away
- Main Street, Stathern, Melton Mowbray, LE1435 Addresses|287 m away
- Swallows Drive, Stathern, Melton Mowbray, LE1418 Addresses|289 m away
Property Types
- 3 period houses built between 1800 and 1911
- 8 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- period house (3)
- modern house (8)
- mid-century house (1)
- house (2)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (4)
- F (3)
- C (2)
- G (0)
- D (3)
- No EPC (6)
Schools Nearby
- Stathern Primary School500 m away
- Harby Church of England Primary School2.4 km away
- Hose Church of England Primary School4.0 km away
- The Priory Belvoir Academy7.7 km away
- Toot Hill School10.5 km away
- John Ferneley College10.6 km away
More reading links
Public Transport Nearby
The closest station to Penn Lane, Stathern, Melton Mowbray, LE14 - LE14 4JA is Elton & Orston station, which is 8.6 kilometres away.
- Elton & Orston|8.6 km away
- Bottesford|8.8 km away
- Aslockton|8.9 km away
