23, Penny Long Lane
23, Penny Long Lane
Description & Estimates
23, Penny Long Lane, Derby is described in the public record as an early-century house with 1,625 ft2 of internal area, sitting on a 637 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 23, Penny Long Lane, Derby is £545,374 and its rental estimate is £1,758 per month, given the available information and assuming reasonable condition.
Penny Long Lane, Derby, DE22 falls within the DE22 postal district.
Our Data Sources
23, Penny Long Lane, Derby has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, Penny Long Lane, Derby, we estimate a market value of £572,643 and a rental value of £1,845 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £507,198 and £1,635 per month respectively.
Recent Market Change
Over the last year, 23, Penny Long Lane, Derby has seen its estimated sale value decrease by £5,207 (1.0%) and its estimated rental value grow by £27 per month (1.6%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 23, Penny Long Lane, Derby as measuring 637 m2.
That makes it the 6th largest plot in the postcode, where 13 of the 22 other houses have recorded plot data.
Energy Efficiency
23, Penny Long Lane, Derby has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Oct 2016.
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
Over the past 2 years 3 properties similar to 23, Penny Long Lane, Derby have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2021, was 178, Broadway, Derby, DE22 1BP, a freehold house which sold for £415,000.
Read more about house prices in DE22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 39 addresses on Penny Long Lane, Derby, DE22, 23, Penny Long Lane, Derby comes out as the 18th largest and the 12th most expensive in our analysis of the public data.
It is also £291k more expensive than the average property across the DE22 district.
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Schools Nearby
- 300mSt Mary's Catholic Voluntary Academy
- 400mMarkeaton Primary School
- 700mLawn Primary School
- 700mSaint Benedict, A Catholic Voluntary Academy
- 1.5kmLandau Forte College
- 1.7kmDerby Cathedral School
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Public Transport Nearby
From 23, Penny Long Lane, Derby, the nearest station is Derby, 2.9 kilometres away.
- 2.9kmDerby
- 4.5kmPeartree
- 5.6kmDuffield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
