125, Penn Lane
125, Penn Lane
Description & Estimates
According to the public record, 125, Penn Lane, Derby is a period freehold house with 1,367 ft2 of internal area and sits on a 55.1 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 125, Penn Lane, Derby is £673,029 and the estimated rental value is £2,268 per month.
Penn Lane, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
Our Data Sources
125, Penn Lane, Derby has 31 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 125, Penn Lane, Derby is in very good condition we estimate a sale value of £706,680 and a rental value of £2,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £625,917 and a rental value of £2,110 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 125, Penn Lane, Derby has fallen by £9,924 (1.5%), while its estimated rental value has moved up by £35 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 125, Penn Lane, Derby sits on a plot of 55 m2.
We have plot size data on 7 out of 7 other houses in the postcode and 125, Penn Lane, Derby sits on the 7th largest plot.
Energy Efficiency
125, Penn Lane, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 125, Penn Lane, Derby was last sold on 9th October 2020 for £590,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2020, the market for similar properties has risen by 3.4%.
- Sold Oct 2020£590,000
- Sold Mar 2011£200,000
- Sold Apr 2004£170,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 125, Penn Lane, Derby within a radius of 890 metres over the last 2 years.
The most recent example is 32, Penn Lane, Derby, DE73 8EQ, a freehold house which sold for £785,000 on the 4th March 2024.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Penn Lane, Melbourne, Derby, DE73 has a total of 55 addresses. According to our analysis of all the public data, 125, Penn Lane, Derby is the 17th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £355k more expensive than the average property in DE73.
More reading links
Schools Nearby
- 700mMelbourne Junior School
- 800mMelbourne Infant School
- 2.7kmSt Hardulph's Church of England Primary School
- 5.1kmChellaston Academy
- 6.4kmCastle Donington College
- 7.0kmNoel-Baker Academy
More reading links
Public Transport Nearby
The closest station to 125, Penn Lane, Derby is Peartree station, which is 9.1 kilometres away.
- 9.1kmPeartree
- 9.9kmWillington
- 10.2kmSpondon
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
