Press release

January 2018 Price Paid Data

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

Landscape of houses in the snow

This month’s Price Paid Data includes details of more than 116,700 sales of land and property in England and Wales that HM Land Registry received for registration in January 2018.

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 or maisonette and 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 January 2018 December 2017 November 2017
Detached 25,932 17,395 24,767
Semi-detached 29,282 19,216 27,093
Terraced 30,741 19,809 27,890
Flat/maisonette 22,887 14,523 19,635
Other 7,953 5,384 7,027
Total 116,795 76,327 106,412

Of the 116,795 sales received for registration in January 2018:

  • 85,753 were freehold, a 23.5% increase on January 2017

  • 16,685 were newly built, a 15% increase on January 2017

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

Of the 116,795 sales received for registration, 25,527 took place in January 2018 of which:

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

  • 307 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

The most expensive residential sale taking place in January 2018 was a semi-detached property in the Royal Borough of Kensington and Chelsea, London for £37,720,000. The cheapest residential sale in January 2018 was a terraced property in Burnley, Lancashire for £15,000.

The most expensive commercial sale taking place in January 2018 was in Greater Manchester, for £103,033,044. The cheapest commercial sale in January 2018 was in the Royal Borough of Kensington and Chelsea, 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 Wednesday 28 March 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 two weeks and two months. Data for the two 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 two 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 from January 1995 and on Category B sales from October 2013.

  6. Price Paid Data can be downloaded in text, csv format and in a machine-readable format as linked data and is released under 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’s mission is to guarantee and protect property rights in England and Wales.

  9. 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.

  10. 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 showing evidence of ownership for some 85% of the land mass of England and Wales.

  11. For further information about HM Land Registry visit www.gov.uk/land-registry.

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

Contact

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Published 28 February 2018