Press release

January 2019 Price Paid Data

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

Curved north London housing terrace with colourful doors and cobbled street.

Image credit: Luigi Trevisi/Shutterstock.com

This month’s Price Paid Data includes details of more than 99,000 sales of land and property in England and Wales that HM Land Registry received for registration in January 2019.

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 2019 December 2018 November 2018
Detached 22,677 20,320 23,931
Semi-detached 25,330 23,512 26,797
Terraced 25,483 23,890 26,758
Flat/maisonette 19,328 15,573 19,158
Other 6,554 5,490 6,059
Total 99,372 88,785 102,703

Of the 99,372 sales received for registration in January 2019:

  • 73,938 were freehold, a 13.8% decrease on January 2018
  • 17,446 were newly built, a 4.6% increase on January 2018

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

Of the 99,372 sales received for registration 24,531 took place in January 2019 of which:

  • 480 were of residential properties in England and Wales for £1 million and over
  • 282 were of residential properties in Greater London for £1 million and over
  • 4 were of residential properties in West Midlands for more than £1 million
  • 3 were of residential properties in Greater Manchester for more than £1 million
  • none were of residential properties in Cardiff for more than £1 million

The most expensive residential sale taking place in January 2019 was of a terraced property in Kensington and Chelsea for £12,650,000. The cheapest residential sale in January 2019 was of a terraced property in Spennymoor, County Durham for £17,000.

The most expensive commercial sale taking place in January 2019 was in Camden for £32,000,000. The cheapest commercial sale in January 2019 was in Bristol for £100.

Access the full dataset

Background

  1. Price Paid Data is published at 11am on the 20th working day of each month. The next dataset will be published on Thursday 28 March 2019.

  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 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

Press Office

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1 Bedford Park
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Published 28 February 2019