40, Mill Lane
40, Mill Lane
Description & Estimates
The public record describes 40, Mill Lane, Derby as an early-century house with 839 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Mill Lane, Derby has an estimated sale value of £240,733 and an estimated rental value of £1,253 per month, assuming reasonable condition and based on the information available.
Mill Lane, Kegworth, Derby, DE74 lies in the borough of North West Leicestershire, within the DE74 postal district.
Our Data Sources
40, Mill Lane, Derby has no records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Mill Lane, Derby would be worth £252,770, with a potential rental value of £1,316 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £223,882, with a rental value of £1,165 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Mill Lane, Derby has decreased by £2,200 (0.9%) over the last year. During the same period, its estimated monthly rental value has grown by £25 (2.0%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
40, Mill Lane, Derby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jun 2024.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 40, Mill Lane, Derby across the last 2 years.
Most recently, 4, Old Forge Close, Derby, DE74 2AS, a freehold house, sold at £285,000 on the 2nd October 2025.
Read more about house prices in DE74.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Mill Lane, Derby as the 52nd largest and the 52nd most expensive of the 68 addresses on Mill Lane, Kegworth, Derby, DE74.
Against the DE74 postcode district average, it is £77k less expensive than the typical property.
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Schools Nearby
- 600mKegworth Primary School
- 3.1kmSutton Bonington Primary School
- 3.5kmHemington Primary School
- 4.1kmCastle Donington College
- 6.0kmThe Long Eaton School
- 6.9kmEast Leake Academy
More reading links
Public Transport Nearby
East Midlands Parkway station is the nearest stop to 40, Mill Lane, Derby at 2.9 kilometres away.
- 2.9kmEast Midlands Parkway
- 5.2kmLong Eaton
- 8.1kmAttenborough
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
