According to the public record, 20, Penny Long Lane, Derby is a modern freehold house with 882 ft2 of internal area and sits on a 586 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Penny Long Lane, Derby, DE22 is located within the DE22 postal district.
20, Penny Long Lane, Derby has 2 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated July 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 20 Penny Long Lane Derby as £404,658 and the rental value as £1,615 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 20 Penny Long Lane Derby has decreased by £2,171 (0.5%) and its rental value has increased by £73 per month (4.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 20, Penny Long Lane, Derby is in very good condition we estimate a sale value of £424,891 and rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,332 and a rental value of £1,502 per month.
If you were able to purchase this property for the estimated value of £404,658, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,989 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 20, Penny Long Lane, Derby sits on a plot of 586m2.
We have plot size data on 7 out of 14 other houses in the postcode and 20, Penny Long Lane, Derby sits on the 4th largest plot.
According to HM Land Registry, 20, Penny Long Lane, Derby was last sold on 21 Dec 2017 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2017, the market for similar properties has risen 17.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 20, Penny Long Lane, Derby within a radius of 610 metres over the last 2 years.
The most recent example is 16, Broadfields Close, Derby, DE22 1BT, a Freehold house which sold for £410,000 in Nov 2023.
Read more about house prices in DE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penny Long Lane, Derby, DE22 has a total of 39 addresses. According to our analysis of all the public data, 20, Penny Long Lane, Derby is the 38th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in DE22.
20, Penny Long Lane, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jul 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 20, Penny Long Lane, Derby is Derby station which is 2.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 20, Penny Long Lane, Derby, 51.9% of property is privately owned outright and 34.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 20, Penny Long Lane, Derby, 18.0% of residents are recorded as possessing school level qualifications and 54.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 20, Penny Long Lane, Derby, the average age was 43.4 and the most common age was 42.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 20, Penny Long Lane, Derby, 2.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 20, Penny Long Lane, Derby, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.