Hobs, I've seen this same setup in older homes with central air. What you have is called an "open delta" configuration. Just like a single-phase system, you have a center-tapped 120-240 volt main panel, with the "high leg" third phase added just for the AC compressor. It's called the high leg because the voltage is higher to the neutral than from the other two legs.
Three phase electricity is a very efficient way to power motors, and provides more torque with a smaller current load. You can consider the rest of your home to be a single-phase load, so don't let that throw you. Treat it just like you would any normal 120-240-volt electrical service.
However, to address your question, try changing the house code away from the current setting by several letters. You have discovered one of the reasons there are multiple house codes. The odds are that, as you surmised, you have an X-10-using neighbor sharing the same utility transformer.
Larry
www.fineelectricco.com