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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.

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Image displaying House Price Index figures for August 2008

HPI News

Annual house prices in England and Wales fell by 4.6 per cent in August to prices last seen in spring 2007, according to the latest figures from Land Registry. The average house price is £174,493 which is also a decrease month-on-month of 1.9 per cent.

London also experienced a decrease in its average property value over the last 12 months, with a movement of -3.2 per cent – taking the average London house price to £336,620.

Hartlepool experienced the highest annual change with an increase of 4.8 per cent, taking its average property price to £117,350.

View the latest statistical release

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