Penn LaneHouse Prices / East Midlands, South Derbyshire
Last updated Jun 2026
Key Street Insights
Penn Lane is a residential street with 55 addresses.
It ranks as the 644th largest and 469th most expensive of the 708 streets in the DE73 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 55 properties: 36 houses and 19 flats.
55
Properties
- Houses
- Flats
Key Street Insights
Penn Lane is a residential street with 55 addresses.
It ranks as the 644th largest and 469th most expensive of the 708 streets in the DE73 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 55 properties: 36 houses and 19 flats.
55
Properties
- Houses
- Flats
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House Priceson Penn Lane
Sale prices range from £109,333 for 2 bedroom Leasehold flats with a garden (657 ft2) to £1,130,256 for 5 bedroom freehold houses with a garden (2,864 ft2) .
Monthly rental prices range from £703 pcm for 2 bed flats to £3,881 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 7.7%.
The average value per square foot is £329.
Average Sale Value
£407,200
Average Rental Value
£1,544 pcm
Average Rental Yield
4.6% /year
Average Value Per Sqft
£329 /ft2
Sales Market Trendson Penn Lane
The last sale on Penn Lane sold for £295,500 on 29th August 2025. Since then prices are down an average of 0.6%.
The current average value in the street is £407,200.
The Penn Lane Sales Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £407,200 |
| May 2025 | 1.1% | £407,894 |
| May 2024 | -1.6% | £403,608 |
| May 2023 | 4.5% | £410,330 |
| May 2022 | 6.9% | £392,814 |
| May 2021 | 7.7% | £367,630 |
| May 2020 | 0.1% | £341,343 |
| May 2019 | 2.1% | £341,107 |
| May 2018 | 4.6% | £334,071 |
| May 2017 | 3.8% | £319,370 |
| May 2016 | 2.8% | £307,630 |
| May 2015 | 6.1% | £299,123 |
| May 2014 | 3.6% | £282,034 |
| May 2013 | -2.7% | £272,262 |
| May 2012 | 5% | £279,747 |
| May 2011 | -0.8% | £266,420 |
| May 2010 | 6% | £268,463 |
| May 2009 | -11.5% | £253,305 |
| May 2008 | -4% | £286,282 |
| May 2007 | 0% | £298,103 |
Rental Market Trendson Penn Lane
The current average rental value in the street is £1,544.
The Penn Lane Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,544pcm |
| May 2025 | 5.6% | £1,511pcm |
| May 2024 | 7.8% | £1,430pcm |
| May 2023 | 7.9% | £1,327pcm |
| May 2022 | 9.5% | £1,230pcm |
| May 2021 | 6.5% | £1,124pcm |
| May 2020 | 1.6% | £1,055pcm |
| May 2019 | 1.5% | £1,039pcm |
| May 2018 | 1.9% | £1,023pcm |
| May 2017 | 2.1% | £1,005pcm |
| May 2016 | 2.9% | £984pcm |
| May 2015 | 2.2% | £956pcm |
| May 2014 | 1.8% | £936pcm |
| May 2013 | 0.9% | £919pcm |
| May 2012 | 1.3% | £911pcm |
| May 2011 | 2.5% | £900pcm |
| May 2010 | 2.4% | £878pcm |
| May 2009 | -7.9% | £857pcm |
| May 2008 | 0.8% | £931pcm |
| May 2007 | 0% | £923pcm |
Properties and Buildingson Penn Lane, Melbourne, Derby, DE73
- 1 Hermitage Mews, Penn Lane, Derby, DE73 8EQ3 bed period house
- 2 Hermitage Mews, Penn Lane, Derby, DE73 8EQ3 bed period house
- Pennside, Penn Lane, Derby, DE73 8EP5 bed modern house
- The Hollow, Penn Lane, Derby, DE73 8EP5 bed mid-century house
- The National School, Penn Lane, Melbourne, Derby, DE73 Period building3 units
- 1, Penn Lane, Derby, DE73 8EQ2 bed period house
- 2, Penn Lane, Derby, DE73 8EQ3 bed early-century house
- 4, Penn Lane, Derby, DE73 8EQ3 bed early-century house
- 5, Penn Lane, Derby, DE73 8EQ4 bed period house
- 6, Penn Lane, Derby, DE73 8EQ
- 7, Penn Lane, Derby, DE73 8EQ
- 8, Penn Lane, Derby, DE73 8EQ3 bed early-century house
- 10, Penn Lane, Derby, DE73 8EQ4 bed early-century house
- 12, Penn Lane, Derby, DE73 8EQ3 bed period house
- 14, Penn Lane, Derby, DE73 8EQ5 bed modern house
- 15, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 16, Penn Lane, Derby, DE73 8EQ3 bed early-century house
- 17, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 18, Penn Lane, Derby, DE73 8EQ5 bed early-century house
- 19, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 20, Penn Lane, Derby, DE73 8EQ2 bed mid-century house
- 21, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 23, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 25, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 27, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 28, Penn Lane, Derby, DE73 8EQ3 bed mid-century house
- 29, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 30, Penn Lane, Derby, DE73 8EQ3 bed mid-century house
- 31, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 32, Penn Lane, Derby, DE73 8EQ4 bed modern house
- 33, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 35, Penn Lane, Derby, DE73 8EQ2 bed mid-century flat
- 37, Penn Lane, Melbourne, Derby, DE73Building2 units
- 40, Penn Lane, Derby, DE73 8EQ4 bed mid-century house
- 42, Penn Lane, Derby, DE73 8EQ5 bed period house
- 43, Penn Lane, Derby, DE73 8EQ
- 44, Penn Lane, Derby, DE73 8EQ4 bed period house
- 46, Penn Lane, Derby, DE73 8EQ5 bed modern house
- 51, Penn Lane, Derby, DE73 8EQ4 bed period house
- 55, Penn Lane, Derby, DE73 8EQ
- 58, Penn Lane, Melbourne, Derby, DE73Building2 units
- 59, Penn Lane, Derby, DE73 8EQ
- 63, Penn Lane, Derby, DE73 8EQ
- 64, Penn Lane, Derby, DE73 8EQ
- 67, Penn Lane, Derby, DE73 8EQ5 bed period house
- 69, Penn Lane, Derby, DE73 8EQ
- 72, Penn Lane, Derby, DE73 8EP
- 74, Penn Lane, Derby, DE73 8EP
- 100A, Penn Lane, Derby, DE73 8EP4 bed period house
- 100, Penn Lane, Derby, DE73 8EP4 bed period house
- 125, Penn Lane, Derby, DE73 8EP4 bed period house
Sales Historyon Penn Lane, Melbourne, Derby, DE73
The last sale was on 29th August 2025 for £295,500 and since then the market in the area has decreased by 0.6%. The street has had a total of 42 sales since 1995.
Penn Lane, Melbourne, Derby, DE73 has seen 4 sales in the last three years and 1 sale in the last twelve months.
Sold Aug 2025£295,500 | 3 Bed HousePenn Lane28, Penn Lane, Derby, DE73 8EQ
Sold Sep 2024£790,000 | 4 Bed HousePenn Lane100, Penn Lane, Derby, DE73 8EP
Sold Mar 2024£785,000 | 4 Bed HousePenn Lane32, Penn Lane, Derby, DE73 8EQ
Sold Nov 2023£405,000 | 3 Bed HousePenn Lane12, Penn Lane, Derby, DE73 8EQ
Sold Jul 2022£350,000 | 3 Bed HousePenn Lane12, Penn Lane, Derby, DE73 8EQ
Sold Jul 2022£149,000 | 5 Bed HousePenn Lane14, Penn Lane, Derby, DE73 8EQ
Sold Oct 2021£750,000 | 4 Bed HousePenn Lane44, Penn Lane, Derby, DE73 8EQ
Sold Nov 2020£9,500 | 4 Bed HousePenn Lane125, Penn Lane, Derby, DE73 8EP
Sold Oct 2020£590,000 | 4 Bed HousePenn Lane125, Penn Lane, Derby, DE73 8EP
Sold Nov 2018£900,000 | 5 Bed HousePenn LanePennside, Penn Lane, Derby, DE73 8EP
Sold Oct 2018£650,000 | 5 Bed HousePenn Lane46, Penn Lane, Derby, DE73 8EQ
Sold Apr 2018£440,000 | 4 Bed HousePenn Lane32, Penn Lane, Derby, DE73 8EQ
Sold Sep 2017£344,099 | 4 Bed HousePenn Lane100, Penn Lane, Derby, DE73 8EP
Sold May 2016£295,000 | 3 Bed HousePenn Lane2, Penn Lane, Derby, DE73 8EQ
Sold Oct 2015£262,500 | 5 Bed HousePenn Lane18, Penn Lane, Derby, DE73 8EQ
Sold Aug 2014£250,000 | 3 Bed HousePenn Lane4, Penn Lane, Derby, DE73 8EQ
Sold Sep 2013£750,000 | 5 Bed HousePenn Lane67, Penn Lane, Derby, DE73 8EQ
Sold Dec 2012£647,000 | 5 Bed HousePenn LanePennside, Penn Lane, Derby, DE73 8EP
Sold Aug 2012£115,000 | 2 Bed HousePenn Lane1, Penn Lane, Derby, DE73 8EQ
Sold Feb 2012£185,000 | 3 Bed HousePenn Lane30, Penn Lane, Derby, DE73 8EQ
Sold Mar 2011£200,000 | 4 Bed HousePenn Lane125, Penn Lane, Derby, DE73 8EP
Sold Oct 2010£275,000 | 4 Bed HousePenn Lane10, Penn Lane, Derby, DE73 8EQ
Sold Jul 2010£475,000 | 4 Bed HousePenn Lane40, Penn Lane, Derby, DE73 8EQ
Sold Apr 2010£235,000 | 4 Bed HousePenn Lane100A, Penn Lane, Derby, DE73 8EP
Sold Apr 2010£232,500 | 4 Bed HousePenn Lane100A, Penn Lane, Derby, DE73 8EP
Sold Mar 2007£310,000 | 4 Bed HousePenn Lane5, Penn Lane, Derby, DE73 8EQ
Sold May 2006£249,950 | 4 Bed HousePenn Lane10, Penn Lane, Derby, DE73 8EQ
Sold Mar 2006£650,000 | 5 Bed HousePenn Lane74, Penn Lane, Derby, DE73 8EP
Sold Aug 2005£930,000 | 4 Bed HousePenn Lane58, Penn Lane, Derby, DE73 8EQ
Sold Jun 2004£375,000 | 5 Bed HousePenn Lane67, Penn Lane, Derby, DE73 8EQ
Sold Apr 2004£170,000 | 4 Bed HousePenn Lane125, Penn Lane, Derby, DE73 8EP
Sold Aug 2003£181,000 | 4 Bed HousePenn Lane51, Penn Lane, Derby, DE73 8EQ
Sold May 2003£145,000 | 4 Bed HousePenn Lane10, Penn Lane, Derby, DE73 8EQ
Sold Feb 2003£125,000 | 3 Bed HousePenn Lane28, Penn Lane, Derby, DE73 8EQ
Sold Sep 2002£295,000 | 4 Bed HousePenn Lane59, Penn Lane, Derby, DE73 8EQ
Sold Dec 2001£102,000 | 4 Bed HousePenn Lane5, Penn Lane, Derby, DE73 8EQ
Sold Jul 2001£217,000 | 4 Bed HousePenn Lane59, Penn Lane, Derby, DE73 8EQ
Sold Mar 2001£105,000 | 3 Bed HousePenn Lane6, Penn Lane, Derby, DE73 8EQ
Sold May 1999£250,000 | 5 Bed HousePenn Lane46, Penn Lane, Derby, DE73 8EQ
Sold Sep 1997£275,000 | 3 Bed HousePenn Lane43, Penn Lane, Derby, DE73 8EQ
Sold Jul 1997£135,000 | 4 Bed HousePenn Lane59, Penn Lane, Derby, DE73 8EQ
Sold Jul 1996£137,500 | 4 Bed HousePenn Lane32, Penn Lane, Derby, DE73 8EQ
Top 3 Most Expensive Saleson Penn Lane, Melbourne, Derby, DE73
Nearby Streetsto Penn Lane, Melbourne, Derby, DE73
Penn Lane, Melbourne, Derby, DE73 is the 644th largest and the 469th most expensive street in the DE73 area.
- 102 mHigh Street, Melbourne, Derby, DE7358 Addresses
- 103 mPeniston Rise, Melbourne, Derby, DE7329 Addresses
- 156 mThomas Cook Close, Melbourne, Derby, DE7316 Addresses
- 176 mMarket Place, Melbourne, Derby, DE7321 Addresses
- 180 mSalisbury Lane, Melbourne, Derby, DE732 Addresses
- 202 mQuick Close, Melbourne, Derby, DE7320 Addresses
Postcodeson Penn Lane, Melbourne, Derby, DE73
There are 2 postcodes on Penn Lane, Melbourne, Derby, DE73.
- House prices in DE73 8EP7 Addresses
- House prices in DE73 8EQ48 Addresses
Property Typesin Penn Lane
- 12 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 4 modern houses built after 1980
- 5 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
- 10 other addresses of unknown type
- period house (12)
- period flat (3)
- modern house (4)
- mid-century house (5)
- mid-century flat (15)
- early-century house (6)
- Unknown (10)
Energy Efficiencyof properties on Penn Lane
- Energy Performance Certificate (EPC) surveys conducted for 42 properties.
- The dominant rating is C.
- A (0)
- E (9)
- B (2)
- F (1)
- C (17)
- G (0)
- D (13)
- No EPC (13)
Schools Nearby
The nearest primary school to Penn Lane, Melbourne, Derby, DE73 is Melbourne Junior School, which is 600 metres away.
- 600mMelbourne Junior School
- 700mMelbourne Infant School
- 2.9kmSt Hardulph's Church of England Primary School
The nearest secondary school is Chellaston Academy, which is 5.0 kilometres away.
- 5.0kmChellaston Academy
- 6.6kmCastle Donington College
- 6.8kmNoel-Baker Academy
More reading links
Public Transport Nearby
The closest station to Penn Lane, Melbourne, Derby, DE73 is Peartree station, which is 9.0 kilometres away.
- 9.0kmPeartree
- 9.6kmWillington
- 10.1kmSpondon
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