24, HOMER RISE, PLYMOUTH, PL9 8NE - £450,000

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

24 HOMER RISE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £450,000 in March 2024, which was around 17% above the average March 2024 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

24 HOMER RISE Sold Prices

Land registry data shows four sales for 24 HOMER RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. One of the four 24 HOMER RISE sales was for above the average price, whilst two were for below 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
2024 15 MAR	£450,000	£383,157	17% above HPI
2018 23 FEB	£290,000	£309,246	6% below HPI
2016 11 AUG	£267,500	£293,995	9% below HPI
2007 14 DEC	£270,000	£270,903	Close to HPI

24 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 four 24 HOMER RISE sales between December 2007 and March 2024 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 2018 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 24 HOMER RISE?

24 HOMER RISE is 85m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses by size in Plymouth, and where 24 HOMER RISE lies on this distribution: 19% of detached houses are smaller than 24 HOMER RISE, and 80% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

24 HOMER RISE: Plot and Title Map

24 HOMER RISE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 24 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 24 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 24 HOMER RISE?

24 HOMER RISE is located in PLYMOUTH, in the PL9 postcode district. The below map shows the position of No. 24 on HOMER RISE.