40 Penn Lane, Melbourne, Derby, DE73 8EQ is a freehold detached property built between 1967-1975. The property offers approximately 1,470 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £859,524 , which equates to approximately £583 per square foot. It was last sold on 2 Jul 2010 for £475,000. Since then, the value has increased by £384,524, representing a 81.0% increase, or approximately 5.2% per year.

The current estimated value of £859,524 is:

  • 34.7% higher than the average property price on Penn Lane
  • 39.3% higher than the average in the DE73 8EQ postcode area
  • and 248.2% higher than the average price for Derby as a whole

At the most recent EPC inspection on 8 April 2010, the property was recorded as owner-occupied.

View sold house prices in DE73 8EQ

Building approximate location

About Property

Type
Detached House
Built
1967-1975
Interior Size
1470 sq ft
Tenure
Freehold
Price (estimate)
£859,524
Price Per sq ft (estimate)
£583
Bedroom Count (estimate)
5 bedrooms

EPC Summary

40 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 8 Apr 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, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 18% of fixed outlets
Poor

Compared to DE73 8EQ

7 th / 21
Price Rank
39% higher than average
7 th / 17
Size Rank
10% smaller than average
1 st / 17
Price Per Sq FT Rank
55% higher than average

Compared to other properties in DE73 8EQ , this house's estimated value ranks 7th out of 21. Based on price per square foot, it ranks 1st out of 17 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 7th out of 17 properties in its postcode area.

Sale History

Today
£859,524
streetscan.co.uk estimate
+81 %
2 Jul 2010
£475,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1572 sq ft
sale price: £785,000
sale date: 4 Mar 2024

Data Sources

The property at 40 Penn Lane, Melbourne, Derby, South Derbyshire, Derbyshire, DE73 8EQ appears once in the Land Registry records, with the transaction recorded on 2 Jul 2010. It also has a single Energy Performance Certificate (EPC) from 8 Apr 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.