55 Penny Lane

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

    This detached freehold property on Penny Lane last sold in December 2023 for £589,950. Based on price growth in the LE2 district since then, its estimated current value is £586,470 — placing it in the 85th percentile nationally and the 93rd percentile within LE2. The property covers 154 m² (1,658 sq ft), giving an estimated value of £3,808 per m². The EPC rating is B, with a potential rating of A.

    See wider trends for Penny Lane →

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,658 sq ft

    154 m²

    Last Sale Price

    £589,950

    Dec 2023

    Estimated Valuation

    £586,470

    Est. £/sq ft

    £354/sq ft

    £3,808/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2021
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,658 sq ft (154 m²)
    EPC dateNov 2023
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2023

    New build

    £589,950

    Key Metrics

    Estimated valuation£586,470
    Value per sq ft / m²£354/sq ft (£3,808/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile93rd percentile
    National percentile85th percentile

    District Context — LE2

    See wider trends for 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

    £294,451

    41

    National percentile

    12 month avg at 31 Jul 2026

    Average Net Household Income - LE2

    £33,369

    21

    National percentile

    2023 census data

    10-Year Annualised Price Growth - LE2

    3.9%

    75

    National percentile

    Estimate at 31 Jul 2026

    10-Year Annualised Rent Growth - LE

    4.8%

    91

    National percentile

    Estimate at 31 Jul 2026

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