Press release

May 2018 Price Paid Data

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

row of houses to illustrate price paid data for house prices
 Ewelina Wachala/Shutterstock.com

This month’s Price Paid Data includes details of more than 83,400 sales of land and property in England and Wales that HM Land Registry received for registration in May 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 May 2018 April 2018 March 2018
Detached 18,060 16,728 20,144
Semi-detached 20,897 19,362 22,040
Terraced 22,363 20,714 23,036
Flat/maisonette 15,846 15,457 18,253
Other 6,263 6,147 6,811
Total 83,429 78,408 90,284

Of the 83,429 sales received for registration in May 2018:

  • 62,086 were freehold, a 2.4% fall on May 2017
  • 11,286 were newly built, a 12.9 % increase on May 2017

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

Of the 83,429 sales received for registration, 21,349 took place in May 2018 of which:

  • 375 were of residential properties in England and Wales for £1 million and over
  • 215 were of residential properties in Greater London for £1 million and over
  • one was a residential property in Birmingham for more than £1 million
  • one was a residential property in Greater Manchester for more than £1 million

The most expensive residential sale taking place in May 2018 was of a detached property in the Royal Borough of Kensington and Chelsea, London for £15,750,000. The cheapest residential sales in May 2018 were of two properties in Rushden, East Northamptonshire for £9,500.

The most expensive commercial sale taking place in May 2018 was in the City of Westminster, London for £92,500,000. The cheapest commercial sale in May 2018 was in Stockport, Greater Manchester for £555.

Access the full dataset.

Notes to editors

  1. Price Paid Data is published at 11 am on the 20th working day of each month. The next dataset will be published on Friday 27 July 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: Twitter @HMLandRegistry our blog, LinkedIn and Facebook.

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Published 28 June 2018