39, PENNY LONG LANE, DERBY, DE22 1AX - £420,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

39 PENNY LONG LANE is a very large extended detached house of 200m², built sometime between 1976 and 1982. It was last sold for £420,000 in June 2021, which was around 56% above the average June 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2014, where the current energy rating was E, and the potential energy rating was C.

39 PENNY LONG LANE Sold Prices

Land registry data shows three sales for 39 PENNY LONG LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 39 PENNY LONG LANE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 14 JUN	£420,000	£269,965	56% above HPI
2018 1 NOV	£560,000	£244,392	129% above HPI
1995 14 JUN	£145,000	£62,599	132% above HPI

39 PENNY LONG LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 39 PENNY LONG LANE sales between June 1995 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2018 sale was for 129% above the HPI. So the extrapolation line tracks at 129% above the HPI over time, until the June 2021 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 39 PENNY LONG LANE?

39 PENNY LONG LANE is 200m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the largest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 39 PENNY LONG LANE lies on this distribution: 96% of detached houses are smaller than 39 PENNY LONG LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Derby.

39 PENNY LONG LANE: Plot and Title Map

39 PENNY LONG LANE sits on a plot of roughly 0.210 of an acre, or 850m². The below map shows the location of 39 PENNY LONG LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 39 PENNY LONG LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 39 PENNY LONG LANE?

39 PENNY LONG LANE is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 39 on PENNY LONG LANE.