Press release

December 2017 Price Paid Data

HM Land Registry Price Paid Data tracks land and property sales in England and Wales submitted to us for registration.

Houses aerial view to illustration price paid data

This month’s Price Paid Data includes details of more than 76,300 sales of land and property in England and Wales that HM Land Registry received for registration in December 2017.

In the dataset you can find the date of sale for each property, its full address and sale price, its category (residential or commercial) and type (detached, semi-detached, terraced, flat/maisonette or other), whether it is new build or not and whether it is freehold or leasehold.

The number of sales received for registration by property type and month

Property type December 2017 November 2017 October 2017
Detached 17,395 24,767 22,849
Semi-detached 19,216 27,093 25,558
Terraced 19,809 27,890 26,394
Flat/maisonette 14,523 19,635 19,048
Other 5,384 7,027 7,159
Total 76,327 106,412 101,008

Of the 76,327 sales received for registration in December 2017:

  • 56,161 were freehold, a 13.5% decrease on December 2016

  • 9,854 were newly built, a 22.4% increase on December 2016

There is a time difference between the sale of a property and its registration at HM Land Registry.

Of the 76,327 sales received for registration, 18,974 took place in December 2017 of which:

  • 335 were of residential properties in England and Wales for £1 million and over

  • 180 were of residential properties in Greater London for £1 million and over

  • 3 were of residential properties in Birmingham for £1 million and over

  • 3 were of residential properties in Greater Manchester for £1 million and over

  • none were of sales of residential properties in Cardiff for £1 million and over

The most expensive residential sale taking place in December 2017 was of a terraced property in the City of Westminster for £10,075, 000. The cheapest residential sale in December 2017 was of a terraced property in Llanelli for £15,000.

The most expensive commercial sale taking place in December 2017 was in Walthamstow for £33,809,500. The cheapest commercial sales in December 2017 were in Tunbridge Wells, Chigwell and Welwyn Hatfield, for £100.

Access the full dataset

Notes to editors

  1. Price Paid Data is published at 11am on the 20th working day of each month. The next dataset will be published on 28 February 2018.

  2. Price Paid Data is property price data for all residential and commercial property sales in England and Wales that are lodged with HM Land Registry for registration in that month, subject to exclusions.

  3. The amount of time between the sale of a property and the registration of this information with HM Land Registry varies. It typically ranges between 2 weeks and 2 months. Data for the 2 most recent months is therefore incomplete and does not give an indication of final monthly volumes. Occasionally the interval between sale and registration is longer than 2 months. The small number of sales affected cannot be updated for publication until the sales are lodged for registration.

  4. Price Paid Data categories are either Category A (standard entries) which includes single residential properties sold for full market value or Category B (additional entries) for example sales to a company, buy-to-lets where they can be identified by a mortgage and repossessions.

  5. HM Land Registry has been collecting information on Category A sales since January 1995 and on Category B sales since October 2013.

  6. Price Paid Data can be downloaded in text and CSV formats and in a machine-readable format as linked data and is released under the Open Government Licence (OGL). Under the OGL, HM Land Registry permits the use of Price Paid Data for commercial or non-commercial purposes. However, the OGL does not cover the use of third party rights, which HM Land Registry is not authorised to license.

  7. The Price Paid Data report builder allows users to build bespoke reports using the data. Reports can be based on location, estate type, price paid or property type over a defined period of time.

  8. HM Land Registry is a government department created in 1862. It operates as an executive agency and a trading fund and its running costs are covered by the fees paid by the users of its services. Its ambition is to become the world’s leading land registry for speed, simplicity and an open approach to data.

  9. HM Land Registry safeguards land and property ownership worth in excess of £4 trillion, including around £1 trillion of mortgages. The Land Register contains more than 25 million titles, which show evidence of ownership, for some 85% of the land mass of England and Wales.

  10. For further information about HM Land Registry visit our website.

  11. Follow us on Twitter @HMLandRegistry, our blog, LinkedIn and Facebook.

Contact

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Published 29 January 2018