42, Penn Lane
42, Penn Lane
Description & Estimates
42, Penn Lane, Derby is described in the public record as a period house with 2,551 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 42, Penn Lane, Derby is £689,699 and its rental estimate is £2,368 per month, given the available information and assuming reasonable condition.
Penn Lane, Melbourne, Derby, DE73 falls within the DE73 postal district, in the borough of South Derbyshire.
Our Data Sources
42, Penn Lane, Derby has no records in the the Land Registry and a single entry in the EPC database dated August 2025.
We combine this information with public data 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
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 42, Penn Lane, Derby, we estimate a market value of £724,184 and a rental value of £2,487 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £641,420 and £2,203 per month respectively.
Recent Market Change
Over the last year, 42, Penn Lane, Derby has seen its estimated sale value drop by £6,466 (0.9%) and its estimated rental value rise by £33 per month (1.4%). This results in an estimated gross rental yield of 4.1%.
Energy Efficiency
42, Penn Lane, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Aug 2025.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Penn Lane, Derby have sold within a radius of 920 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th July 2022, was 14, Penn Lane, Derby, DE73 8EQ, a freehold house which sold for £149,000.
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
Of the 55 addresses on Penn Lane, Melbourne, Derby, DE73, 42, Penn Lane, Derby comes out as the 6th largest and the 8th most expensive in our analysis of the public data.
It is also £372k more expensive than the average property across the DE73 district.
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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
From 42, Penn Lane, Derby, the nearest station is Peartree, 9.0 kilometres away.
- 9.0kmPeartree
- 9.6kmWillington
- 10.1kmSpondon
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.
