18, HOMER RISE, PLYMOUTH, PL9 8NE - £229,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 HOMER RISE is a very small semi-detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £306,703. It was last sold for £229,950 in February 2018, which was around 18% above the average February 2018 semi-detached price in the City of Plymouth local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

18 HOMER RISE Sold Prices

Land registry data shows two sales for 18 HOMER RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Plymouth local authority area for the corresponding sale date. Both of the two 18 HOMER RISE 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
2018 26 FEB	£229,950	£194,768	18% above HPI
1995 3 FEB	£58,000	£48,628	19% above HPI

18 HOMER RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 18 HOMER RISE sales from February 1995 and February 2018 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 February 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the February 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 18 HOMER RISE be worth now?

18 HOMER RISE might now be worth an estimated £306,703.

This is based on house price inflation of 33.4%, between February 2018 and February 2025, for semi-detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.4% inflationary increase is applied to the most recent sale price for 18 HOMER RISE of £229,950 on 26th February 2018. For the value to have increased from £229,950 to £306,703 over the seven years to February 2025, the following assumptions must hold true:

• The value of 18 HOMER RISE has moved in line with the HPI for semi-detached houses in the City of Plymouth local authority area.
• The February 2018 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 18 HOMER RISE has not materially changed since February 2018.

How Large is 18 HOMER RISE?

18 HOMER RISE is 65m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 10% of semi-detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Plymouth, and where 18 HOMER RISE lies on this distribution: 3% of semi-detached houses houses are smaller than 18 HOMER RISE, and 96% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

18 HOMER RISE: Plot and Title Map

18 HOMER RISE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 18 HOMER RISE, 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 18 HOMER RISE). 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 18 HOMER RISE?

18 HOMER RISE is located in PLYMOUTH, in the PL9 postcode district. The below map shows the position of No. 18 on HOMER RISE.