HM Land Registry
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March 2020 Price Paid Data

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

Please note: due to the impact the coronavirus (COVID-19) outbreak has had on HM Land Registry’s operational services, the figures for this month may not be a complete picture and will be updated in future releases.

This month’s Price Paid Data includes details of more than 54,500 sales of land and property in England and Wales that HM Land Registry received for registration in March 2020.

In March 2020:

  • the most expensive residential property sold was in Kensington and Chelsea for £4,500,000
  • the cheapest residential property sold was in Hartlepool for £20,000
  • the most expensive commercial sale taking place was in City of Westminster for £25,000,000
  • the cheapest commercial sale was in Maidstone for £100
  • there was a 39% decrease in newbuilds compared with March 2019

Of the 54,785 sales received for registration 5,514 took place in March 2020 of which:

  • 100 were of residential properties in England for £1 million and over
  • 71 were of residential properties in Greater London for £1 million and over
  • 1 was of a residential property in Greater Manchester for more than £1 million
  • none were for residential properties in West Midlands for more than £1 million
  • none were for residential properties in Wales for more than £1 million

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

Of the 54,785 sales received for registration in March 2020:

  • 40,964 were freehold, a 38% decrease on March 2019
  • 8,019 were newly built, a 39% decrease on March 2019
Property type March 2020 February 2020 January 2020
Detached 12,400 17,931 21,931
Semi-detached 13,864 20,296 25,205
Terraced 14,104 20,304 25,648
Flat/maisonette 10,501 14,223 17,090
Other 3,916 5,489 6,108
Total 54,785 78,243 95,982


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

Access the full dataset

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 or not it is new build and whether it is freehold or leasehold.

Background

  1. Price Paid Data is published at 11am on the 20th working day of each month. The next dataset will be published on 1 June 2020.
  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 non-ministerial government department created in 1862. 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 valued at £7 trillion, enabling more than £1 trillion worth of personal and commercial lending to be secured against property across England and Wales.
  11. For further information about HM Land Registry visit www.gov.uk/land-registry.
  12. Follow us on Twitter, our blogLinkedIn and Facebook.

Contact

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Channel website: https://www.gov.uk/government/organisations/land-registry

Original article link: https://www.gov.uk/government/news/march-2020-price-paid-data

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