According to the public record, 39, Penny Long Lane, Derby is a mid-century freehold house with 2,152 ft2 of internal area and sits on a 851 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Penny Long Lane, Derby, DE22 is located within the DE22 postal district.
39, Penny Long Lane, Derby has 21 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated April 2014.
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 39 Penny Long Lane Derby as £607,942 and the rental value as £2,263 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 39 Penny Long Lane Derby has decreased by £4,020 (0.7%) and its rental value has increased by £100 per month (4.4%).
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 39, Penny Long Lane, Derby is in very good condition we estimate a sale value of £638,340 and rental value of £2,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £565,386 and a rental value of £2,104 per month.
If you were able to purchase this property for the estimated value of £607,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,988 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, 39, Penny Long Lane, Derby sits on a plot of 851m2.
We have plot size data on 12 out of 21 other houses in the postcode and 39, Penny Long Lane, Derby sits on the largest plot.
According to HM Land Registry, 39, Penny Long Lane, Derby was last sold on 01 Nov 2018 for £560,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Penny Long Lane, Derby within a radius of 590 metres over the last 2 years.
The most recent example is 3, Liston Drive, Derby, DE22 1AS, a Freehold house which sold for £628,000 in Oct 2020.
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, 39, Penny Long Lane, Derby is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £387k more expensive than the average property in DE22.
39, Penny Long Lane, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Apr 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 39, 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 39, 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 39, 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 39, 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 39, 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 39, 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.