Our Data Sources
2, Penn Lane, Derby has a single entry in the Land Registry from May 2016 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Penn Lane, Derby would be worth £456,219, with a potential rental value of £1,133 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £404,080, with a rental value of £1,004 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
2, Penn Lane, Derby occupies a 590 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
2, Penn Lane, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2015.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators (mains gas).
Sold Prices
2, Penn Lane, Derby last changed hands on 31st May 2016, selling for £295,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 34.9% since May 2016.
- Sold May 2016£295,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 33 sales of comparable properties within 890 metres of 2, Penn Lane, Derby since 2009.
Most recently, 5, Calke Road, Derby, DE73 8DL, a freehold house, sold at £385,000 on the 24th November 2023.
Read more about house prices in DE73.
- Sold Nov 2023£385,000 | 3 Bed House5, Calke Road, Derby, DE73 8DL5, Calke Road, Derby, DE73 8DL
- Sold Nov 2023£405,000 | 3 Bed House12, Penn Lane, Derby, DE73 8EQ12, Penn Lane, Derby, DE73 8EQ
- Sold Dec 2022£355,000 | 3 Bed House18, Acacia Drive, Derby, DE73 8LT18, Acacia Drive, Derby, DE73 8LT
- Sold Apr 2022£435,000 | 3 Bed House13, Castle Mews, Derby, DE73 8LW13, Castle Mews, Derby, DE73 8LW
- Sold Dec 2020£310,000 | 3 Bed House11, Dunnicliffe Lane, Derby, DE73 8GE11, Dunnicliffe Lane, Derby, DE73 8GE
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £315,928, ranging from £152,944 to £601,807.
- 4 Penn Lane
3 Bed House | 7 m | Est. Value: £461,899
- 1A Ashby Road
4 Bed House | 17 m | Est. Value: £601,807
- 8 Penn Lane
3 Bed House | 28 m | Est. Value: £412,429
- 1 Ashby Road
4 Bed House | 31 m | Est. Value: £494,223
- 18 Peniston Rise
3 Bed House | 36 m | Est. Value: £196,741
Location Comparison
Our analysis of the public data ranks 2, Penn Lane, Derby as the 30th largest and the 20th most expensive of the 55 addresses on Penn Lane, Melbourne, Derby, DE73.
Against the DE73 postcode district average, it is £115k more expensive than the typical property.
More reading links
Schools Nearby
- Melbourne Junior School600 m away
- Melbourne Infant School700 m away
- St Hardulph's Church of England Primary School2.9 km away
- Chellaston Academy5.0 km away
- Castle Donington College6.6 km away
- Noel-Baker Academy6.8 km away
More reading links
Public Transport Nearby
- Peartree|9.0 km away
- Willington|9.6 km away
- Spondon|10.1 km away
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
Environment Agency data suggests this area has a Very Low risk of flooding.












