4 Penn Lane, Melbourne, Derby, DE73 8EQ is a freehold semi-detached property built between 1930-1949. The property offers approximately 1,072 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £404,615 , which equates to approximately £376 per square foot. It was last sold on 15 Aug 2014 for £250,000. Since then, the value has increased by £154,615, representing a 61.8% increase, or approximately 5.5% per year.

The current estimated value of £404,615 is:

  • 34.0% lower than the average property price on Penn Lane
  • 32.7% lower than the average in the DE73 8EQ postcode area
  • and 4.8% higher than the average price for Derby as a whole

View sold house prices in DE73 8EQ

Building approximate location

About Property

Type
Semi-Detached House
Built
1930-1949
Interior Size
1072 sq ft
Tenure
Freehold
Price (estimate)
£404,615
Price Per sq ft (estimate)
£376
Bedroom Count (estimate)
3 bedrooms

EPC Summary

4 Penn Lane, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8EQ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 12 Jan 2010.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, supplemented by a solar water heating system. The windows have some double glazing.

Heating Type
Boiler and radiators, mains gas
Very Good
Hot Water
From main system, plus solar
Very Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Some double glazing
Poor
Lighting
Low energy lighting in 20% of fixed outlets
Poor

Compared to DE73 8EQ

13 th / 21
Price Rank
33% lower than average
12 th / 16
Size Rank
33% smaller than average
12 th / 16
Price Per Sq FT Rank
0% same as average

Compared to other properties in DE73 8EQ , this house's estimated value ranks 13th out of 21. Based on price per square foot, it ranks 12th out of 16 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 16 properties in its postcode area.

Sale History

Today
£404,615
streetscan.co.uk estimate
+62 %
15 Aug 2014
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1087 sq ft
sale price: £405,000
sale date: 15 Nov 2023
rooms: 5
size: 958 sq ft
sale price: £295,000
sale date: 31 May 2016
rooms: 5
size: 1187 sq ft
sale price: £275,000
sale date: 15 Oct 2010

Data Sources

The property at 4 Penn Lane, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8EQ appears once in the Land Registry records, with the transaction recorded on 15 Aug 2014. It also has a single Energy Performance Certificate (EPC) from 12 Jan 2010. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.