15, Penn Lane
15, Penn Lane
Description & Estimates
According to the public record, 15, Penn Lane, Derby is a mid-century apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Penn Lane, Derby is £196,609 and the estimated rental value is £892 per month.
Penn Lane, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
Our Data Sources
15, Penn Lane, Derby has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 15, Penn Lane, Derby is in very good condition we estimate a sale value of £206,440 and a rental value of £936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,846 and a rental value of £829 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 15, Penn Lane, Derby has fallen by £1,270 (0.6%), while its estimated rental value has moved up by £20 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.4%.
Energy Efficiency
15, Penn Lane, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Penn Lane, Derby within a radius of 830 metres over the last 2 years.
The most recent example is 4, Castle Mills, Derby, DE73 8BF, a leasehold flat which sold for £177,000 on the 22nd May 2025.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Penn Lane, Melbourne, Derby, DE73 has a total of 55 addresses. According to our analysis of all the public data, 15, Penn Lane, Derby is the 40th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in DE73.
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Schools Nearby
- 600mMelbourne Junior School
- 700mMelbourne Infant School
- 2.9kmSt Hardulph's Church of England Primary School
- 5.0kmChellaston Academy
- 6.6kmCastle Donington College
- 6.8kmNoel-Baker Academy
More reading links
Public Transport Nearby
The closest station to 15, Penn Lane, Derby is Peartree station, which is 9.0 kilometres away.
- 9.0kmPeartree
- 9.6kmWillington
- 10.1kmSpondon
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.
