This month’s Price Paid Data includes details of over 75,900 residential and commercial land and property sales in England and Wales lodged for registration in May 2016.
Of the 75,937 sales lodged for registration:
almost 54,000 were freehold
around 9,000 were newly built
just over 20,600 sales took place in May 2016
there were 296 residential sales in May 2016 in England and Wales for £1 million and over
there were 182 residential sales in May 2016 in London for £1 million and over
Number of sales lodged for registration by property type
The most expensive residential sale in May 2016 was of a flat in the City of Westminster for £5.5 million. The cheapest residential sale in May 2016 was of a terraced property in Hartlepool, County Durham for £11,400.
The most expensive commercial sale in May 2016 was in the London borough of Southwark, for £48.2 million. The cheapest commercial sale in May 2016 was in Tunbridge Wells, Kent for £3,000.
Price Paid Data (PPD) is published at 11am on the 20th working day of each month. The June dataset will be published on Thursday 28 July 2016.
Price Paid Data is property price data for all land and property sales in England and Wales that are lodged with us for registration in that month, subject to exclusions
The following information is available for each property:
* the full address
* the price paid
* the date of transfer
* the property type
* whether it is new build or not
* whether it is freehold or leasehold
Price Paid Data can be downloaded in txt, csv format and in a machine-readable format as linked data. It is available for anyone to examine and re-use free of charge under the Open General Licence (OGL).
Price Paid Data includes Standard Price Paid Data (SPPD) for single residential property sales at full market value and Additional Price Paid Data (APPD) for transactions previously excluded from SPPD such as:
* transfers to a non-private individual, for example a company, corporate body or business
* transfers under a power of sale (repossessions)
* buy-to-lets (where they can be identified by a mortgage)
The information available for each property will indicate whether it is APPD or SPPD and the record’s status - addition/change/deletion (A/C/D).
The Price Paid Data report builder allows users to build bespoke reports using the data http://landregistry.data.gov.uk/app/ppd. Reports can be based on location, estate type, price paid or property type over a defined period of time.
As a government department established in 1862, executive agency and trading fund responsible to the Secretary of State for Business, Innovation and Skills, HM Land Registry keeps and maintains the Land Register for England and Wales. The Land Register has been open to public inspection since 1990.
With the largest transactional database of its kind detailing over 24 million titles, HM Land Registry underpins the economy by safeguarding ownership of many billions of pounds worth of property.
For further information about HM Land Registry, visit GOV.UK.