2, HOMER RISE, PLYMOUTH, PL9 8NE - £270,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 HOMER RISE is a small detached house of 104m², built sometime between 1930 and 1949. It was last sold for £270,000 in May 2016, which was around 7% below the average May 2016 detached price in the City of Plymouth local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

2 HOMER RISE Sold Prices

Land registry data shows two sales for 2 HOMER RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. One of the two 2 HOMER RISE sales was for below the average price, whilst the other was 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
2016 23 MAY	£270,000	£289,718	7% below HPI
1997 10 JAN	£95,000	£80,857	17% above HPI

2 HOMER RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 2 HOMER RISE sales from January 1997 and May 2016 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 January 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 HOMER RISE?

2 HOMER RISE is 104m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 2 HOMER RISE lies on this distribution: 39% of detached houses are smaller than 2 HOMER RISE, and 60% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

2 HOMER RISE: Plot and Title Map

2 HOMER RISE sits on a plot of roughly 0.173 of an acre, or 702m². The below map shows the location of 2 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 2 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 2 HOMER RISE?

2 HOMER RISE is located in PLYMOUTH, in the PL9 postcode district. The below map shows the position of No. 2 on HOMER RISE.