5, HOMER RISE, PLYMOUTH, PL9 8NE - £305,000

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.

5 HOMER RISE is a small extended detached house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £374,956. It was last sold for £305,000 in May 2019, which was around 5% below the average May 2019 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

5 HOMER RISE Sold Prices

Land registry data shows two sales for 5 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 5 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
2019 3 MAY	£305,000	£322,409	5% below HPI
1997 30 APR	£83,000	£81,669	2% above HPI

5 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 5 HOMER RISE sales from April 1997 and May 2019 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 April 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 5 HOMER RISE be worth now?

5 HOMER RISE might now be worth an estimated £374,956.

This is based on house price inflation of 22.9%, between May 2019 and February 2025, for 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 22.9% inflationary increase is applied to the most recent sale price for 5 HOMER RISE of £305,000 on 3rd May 2019. For the value to have increased from £305,000 to £374,956 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 5 HOMER RISE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The May 2019 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOMER RISE has not materially changed since May 2019.

How Large is 5 HOMER RISE?

5 HOMER RISE is 90m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 30% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 5 HOMER RISE lies on this distribution: 24% of detached houses houses are smaller than 5 HOMER RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

5 HOMER RISE: Plot and Title Map

5 HOMER RISE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 5 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 5 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 5 HOMER RISE?

5 HOMER RISE is located in PLYMOUTH, in the PL9 postcode district. The below map shows the position of No. 5 on HOMER RISE.