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Penney Lane is a residential street with 21 addresses.
It ranks as the 336th largest and 455th most expensive of the 660 streets in the CV34 area. The dominant property type is a modern house built after 1980.
The street contains a total of 21 properties: 21 houses.
Penney Lane is a residential street with 21 addresses.
It ranks as the 336th largest and 455th most expensive of the 660 streets in the CV34 area. The dominant property type is a modern house built after 1980.
The street contains a total of 21 properties: 21 houses.
Sale prices range from £290,809 for 2 bedroom freehold houses with a garden (645 ft2) to £499,072 for 4 bedroom freehold houses with a garden (1,560 ft2) .
Monthly rental prices range from £1,168 pcm for 2 bed houses to £1,748 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 4.8%.
The average value per square foot is £376.
The last sale on Penney Lane sold for £270,000 on 18th December 2019. Since then prices are up an average of 13.9%.
The current average value in the street is £408,470.
The Penney Lane Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £408,470 |
| May 2025 | 1.3% | £409,849 |
| May 2024 | -0.4% | £404,635 |
| May 2023 | 3.7% | £406,443 |
| May 2022 | 7.9% | £392,028 |
| May 2021 | 1.8% | £363,422 |
| May 2020 | 0.1% | £356,870 |
| May 2019 | 1.4% | £356,655 |
| May 2018 | 0.7% | £351,617 |
| May 2017 | 5.2% | £349,228 |
| May 2016 | 7% | £331,939 |
| May 2015 | 7.5% | £310,359 |
| May 2014 | 9.2% | £288,591 |
| May 2013 | 3.9% | £264,279 |
| May 2012 | 2.1% | £254,389 |
| May 2011 | 0.7% | £249,219 |
| May 2010 | 11.3% | £247,454 |
| May 2009 | -12.1% | £222,373 |
| May 2008 | -1.9% | £252,972 |
| May 2007 | 0% | £257,773 |
The current average rental value in the street is £1,525.
The Penney Lane Rental Market has increased by 38.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £1,525pcm |
| May 2025 | 6% | £1,488pcm |
| May 2024 | 5.4% | £1,404pcm |
| May 2023 | 7.2% | £1,331pcm |
| May 2022 | 8.2% | £1,242pcm |
| May 2021 | 3.9% | £1,148pcm |
| May 2020 | -0.5% | £1,105pcm |
| May 2019 | 0.2% | £1,110pcm |
| May 2018 | 0% | £1,108pcm |
| May 2017 | 0.3% | £1,108pcm |
| May 2016 | 3.6% | £1,104pcm |
| May 2015 | 6.5% | £1,065pcm |
| May 2014 | 6.1% | £1,000pcm |
| May 2013 | 2.5% | £943pcm |
| May 2012 | 4.5% | £920pcm |
| May 2011 | 4.5% | £881pcm |
| May 2010 | 6.4% | £843pcm |
| May 2009 | -7.2% | £792pcm |
| May 2008 | 1.8% | £854pcm |
| May 2007 | 0% | £839pcm |
The last sale was on 18th December 2019 for £270,000 and since then the market in the area has increased by 13.9%. The street has had a total of 35 sales since 1995.
Penney Lane, Warwick, CV34 has seen no sales in the last three years and no sales in the last twelve months.
Penney Lane, Warwick, CV34 is the 336th largest and the 455th most expensive street in the CV34 area.
There is 1 postcode on Penney Lane, Warwick, CV34.
The closest station to Penney Lane, Warwick, CV34 is Warwick Parkway station which is 2.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Penney Lane, Warwick, CV34, 58.0% of property is privately owned with a mortgage and 25.0% is privately rented.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Penney Lane, Warwick, CV34, 27.0% of residents are recorded as possessing school level qualifications and 58.2% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Penney Lane, Warwick, CV34, the average age was 39.2 and the most common age was 32.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Penney Lane, Warwick, CV34, 0.0% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Penney Lane, Warwick, CV34, there are an average of 1.5 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.