4 bed house for sale Penn Lane, Melbourne, DE73
Reduced on 17/10/2026
- Type
- Detached
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- £384 per sq ft
- Tenure
- Freehold
Key features
- Substantial detached family home.
- Half acre approx mature plot.
- Two storey large garage.
- Potential for re-development/extension/modernisation (subject to planning)
- Idyllic sought after location.
- Private and mature gardens.
- No Chain.
About this property
A rare opportunity to purchase a substantial detached family home with large two storey garage on a stunning half acre approx plot in this prime residential location with no chain! The property offers potential for modernisation/extension or re-development subject to buyers' requirements and planning permission. The garage has been constructed with a conversion to residential use in mind (subject to planning). The property has a gas fired central heating system and partial double glazing (where specified) and briefly comprises, to the ground floor:- Entrance hall, living room, second sitting room, breakfast kitchen, porch and bathroom. To the first floor are four potential bedrooms, the principal bedroom having an ensuite shower room. Outside is a substantial two storey garage with wc, utility area and partitioned rooms to the first floor. A particular feature of the property is the generous approx half acre plot, with a variety of either shady or sunny seating areas, large area of shaped lawn flanked with established trees and shrubs. There is a greenhouse to be included with the selling price. The garden extends down to Browns Field having a wooded walkway to the rear with a natural underground stream which fills a natural pool towards the rear boundary.
Floorplan
Energy performance
Energy rating band E 51
This home is rated band E, scoring 51 out of 100. The average British home is band D. Its certificate says it could reach band C (69) if the improvements it recommends were carried out.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
Council tax
Ask agent
- Band A£1,612
- Band B£1,881
- Band C£2,150
- Band D£2,418
- Band E£2,956
- Band F£3,493
- Band G£4,030
- Band H£4,836
The agent hasn't said which band this home is in; you can look it up on GOV.UK. In North West Leicestershire, 2026/27 bills run from £1,612 a year in band A to £4,836 in band H.
Figures from MHCLG (Open Government Licence v3): the average bill for each band across North West Leicestershire, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.
Price guide
About £384 per sq ft, above 9 in 10 recent sales in DE73 (£226–£371, 10th–90th percentile, 640 sales over 24 months).
Lowest and highest are the 10th and 90th percentiles of 640 homes sold in DE73 over the last 24 months. This home's figure uses its asking price and a floor area matched from the EPC register, so it is approximate. All sold £/sq ft in DE73 →
Location
Penn Lane, Melbourne, DE73
Mortgage and stamp duty
A £882,000 mortgage. Most lenders would want a household income of about £196,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Properties sold nearby
HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 28, Penn Lane Semi-detached | Semi-detached | Aug 2025 | 689 sq ft £429/sq ft | 689 sq ft | £429 | £295,500 |
| 32, Penn Lane Detached | Detached | Mar 2024 | 1,572 sq ft £500/sq ft | 1,572 sq ft | £500 | £785,000 |
| 12, Penn Lane Semi-detached | Semi-detached | Nov 2023 | 1,087 sq ft £373/sq ft | 1,087 sq ft | £373 | £405,000 |
| 12, Penn Lane Semi-detached | Semi-detached | Jul 2022 | 1,087 sq ft £322/sq ft | 1,087 sq ft | £322 | £350,000 |
| 44, Penn Lane Detached | Detached | Oct 2021 | 1,701 sq ft £441/sq ft | 1,701 sq ft | £441 | £750,000 |
| 46, Penn Lane Detached | Detached | Oct 2018 | 3,165 sq ft £205/sq ft | 3,165 sq ft | £205 | £650,000 |
| 32, Penn Lane Detached | Detached | Apr 2018 | 1,572 sq ft £280/sq ft | 1,572 sq ft | £280 | £440,000 |
| 2, Penn Lane Semi-detached | Semi-detached | May 2016 | 786 sq ft £375/sq ft | 786 sq ft | £375 | £295,000 |
Area insights
The neighbourhood around this property.




