No... it was a park in Liverpool. Both Penny Lane and Strawberry Fields refer to actual places in Liverpool.
Before they came up with “Sgt Pepper’s” it was going to be a concept album based around the Beatles childhoods.
“Penny Lane” and “Strawberry Fields Forever” came out of that idea.
CC
“No... it was a park in Liverpool.”
Thanks. Perhaps “Lucy in the Sky with Diamonds”, and “Rocket Man”, both by Elton John have hidden meanings.