42 Penny Lane

    42, PENNY LANE, OADBY, LEICESTER, LE2 2GN

    This detached freehold property on Penny Lane last sold in February 2024 for £379,950. Based on price growth in the LE2 district since then, its estimated current value is £378,859 — placing it in the 64th percentile nationally and the 77th percentile within LE2. The property covers 86 m² (926 sq ft), giving an estimated value of £4,405 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £379,950

    Feb 2024

    Estimated Valuation

    £378,859

    Est. £/sq ft

    £409/sq ft

    £4,405/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area926 sq ft (86 m²)
    EPC dateFeb 2024
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Feb 2024

    New build

    £379,950

    Key Metrics

    Estimated valuation£378,859
    Value per sq ft / m²£409/sq ft (£4,405/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile77th percentile
    National percentile64th percentile

    District Context — LE2

    LE2 covers central Leicester, including areas around the city centre and inner residential neighbourhoods. The district has a distinctly urban character with a significant student and young professional population, making it a hub for rentals and city living.

    Average Property Price - LE2

    £299,859

    42

    National percentile

    Average Net Household Income - LE2

    £33,369

    21

    National percentile

    10-Year Annualised Price Growth - LE2

    4.4%

    79

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE2

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