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Historically, HM Land Registry also published a separate house price index calculated by Calnea Analytics. It used the HM Land Registry’s data, which consists of the transaction records of all residential property sales in England and Wales. It uses Repeat Sales Regression. The UK House Price Index replaced this release in June 2016.
Value of land and buildings in the UK from 1995 to 2016 (trillions) [15] Property companies state that land values follow house prices and that a developer assesses what new build house price is achievable in any particular location with reference to prices and sales rates in the second-hand market and on nearby comparable new build sites.
The registry contains 87% of land in England and Wales as of 2019. [5] HM Land Registry is internally independent and receives no government funding; it charges fees for applications lodged by customers. The current Chief Land Registrar (and CEO) is Simon Hayes. [6] The equivalent office in Scotland is the Registers of Scotland.
The ONS Open Geography portal from the Office for National Statistics (ONS) provides free and open access to the definitive source of geographic information products, web applications, story maps, services and APIs. All content is available under the Open Government Licence v3.0, unless otherwise stated.
Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5.1trillion (2014). [3] Foreign investment plays a substantial role in the UK's real estate market, particularly in London, and foreign companies and individuals invested around £20billion in UK real estate in 2012. [4] [needs update]
The National Address Gazetteer is a database designed to provide a definitive source of publicly owned spatial address data for Great Britain. [1] It is a culmination of Local Land and Property Gazetteers (collectively known as the National Land and Property Gazetteer (NLPG)) and other datasets: Address Layer 2 (AL2) and Royal Mail PAF data.