Back to home page To Welsh language site
House prices
Registering your land
e-conveyancing
Education & training
Your information rights
Practice
Property information
 

Welcome to Land Registry’s new House Price Index (HPI)


The Land Registry House Price Index (HPI) captures changes in the value of residential properties. The HPI is published by Land Registry using sales data collected on all residential housing transactions, whether for cash or with a mortgage, in England and Wales since April 2000. You can search indices at a national level as well as for the various regions, counties and London boroughs.  


Our new HPI uses a sample size that is larger than all other statistical measures available. The Land Registry data set is the only complete record of residential property transactions in England and Wales


The HPI is calculated by using Land Registry's own 'Price Paid Dataset'. This is a record of all residential property transactions made in England and Wales since April 2000. At present it contains details on over seven million sales. Of these, 1.5 million are identifiable matched pairs, providing the basis for the repeat-sales regression analysis used to compile the index. This technique of quality adjustment ensures an ‘apples to apples’ comparison between properties.

Search the index

Current index 224.7
Average price £184,798
Monthly change -0.4%
Annual change 3.6%

Search the index

HPI News

The March data shows an annual increase of 3.6 per cent in house prices in England and Wales, taking the average price to £184,798.

The monthly change for March, accounting for seasonal adjustments, is -0.4 per cent.

The volume of transactions was also down 26 per cent for the same period year on year, with an average of 81,926 per month between October 2007 to January 2008, compared with 109,969 per month from October 2006 to January 2007.

view the latest statistical release