Detail of outcome
The outcome of this consultation has been published in the report ‘Response to the joint consultation on the development of a single definitive house price index’ which is held on the ONS website
Currently, there are a number of official statistics covering house prices in the UK. These different statistics are published by:
· Land and Property Services, Northern Ireland
· Land Registry
· Office for National Statistics
· Registers of Scotland
The purpose of this joint consultation is to provide details of the proposed methodology for a single definitive House Price Index (HPI), and to gather your views on whether it meets your requirements. We would also like to know how removing the indices currently published by Land Registry and ONS would affect you. Please note that the UK Statistics Authority is assessing the potential new definitive UK House Price Index against the Code of Practice for Official Statistics as it is developed.