Our Data Sources
40, Penn Lane, Derby has a single entry in the Land Registry from July 2010 and a single entry in the EPC database dated April 2010.
We combine this information with that 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
In very good condition, we estimate 40, Penn Lane, Derby would be worth £795,573, with a potential rental value of £1,334 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £704,650, with a rental value of £1,182 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
40, Penn Lane, Derby occupies a 1,056 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 3rd largest.
Energy Efficiency
40, Penn Lane, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Apr 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
40, Penn Lane, Derby last changed hands on 2nd July 2010, selling for £475,000. 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 50.6% since July 2010.
- Sold Jul 2010£475,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 5 sales of comparable properties within 910 metres of 40, Penn Lane, Derby since 2010.
Most recently, 100, Penn Lane, Derby, DE73 8EP, a freehold house, sold at £790,000 on the 6th September 2024.
Read more about house prices in DE73.
- Sold Sep 2024£790,000 | 4 Bed House100, Penn Lane, Derby, DE73 8EP100, Penn Lane, Derby, DE73 8EP
- Sold Dec 2021£595,000 | 4 Bed House14, Ashby Road, Derby, DE73 8ES14, Ashby Road, Derby, DE73 8ES
- Sold Nov 2020£9,500 | 4 Bed House125, Penn Lane, Derby, DE73 8EP125, Penn Lane, Derby, DE73 8EP
- Sold Feb 2012£560,000 | 4 Bed House16, Church Street, Derby, DE73 8EJ16, Church Street, Derby, DE73 8EJ
- Sold Apr 2010£235,000 | 4 Bed House100A, Penn Lane, Derby, DE73 8EP100A, Penn Lane, Derby, DE73 8EP
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 £481,599, ranging from £249,975 to £1,141,994.
- 42 Penn Lane
5 Bed House | 42 m | Est. Value: £796,656
- 44 Penn Lane
4 Bed House | 43 m | Est. Value: £625,337
- 46 Penn Lane
5 Bed House | 44 m | Est. Value: £898,690
- 32 Penn Lane
4 Bed House | 56 m | Est. Value: £598,445
- 28 Penn Lane
3 Bed House | 69 m | Est. Value: £362,879
Location Comparison
Our analysis of the public data ranks 40, Penn Lane, Derby as the 12th largest and the 8th most expensive of the 55 addresses on Penn Lane, Melbourne, Derby, DE73.
Against the DE73 postcode district average, it is £438k 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.
