NHBC NEW HOME STATISTICS REVIEW
2016
NHBC statistics represent a unique source of detailed
up-to-date information on new home construction and
the house-building industry. The figures relate to new
homes registered with NHBC for its ten-year warranty,
which covers around 80 per cent of all new homes built
in the UK.
NHBC figures are available ahead of Government figures.
NHBC registrations are a lead indicator of the new
homes market.
151,687
7/12
new homes registered
in 2016
regions experiencing
growth
35,998 115,689
new homes registered
in the affordable
sector in 2016
new homes registered
for the private sector
in 2016
250,000
151,687
Number of homes
NEW-BUILD REGISTRATION HISTORY
200,000
150,000
100,000
50,000
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
0
Source: NHBC (Appendix table 1).
2016 HEADLINE RESULTS
l Second highest new home Registrations since 2007 (2016 - 151,687; 2015- 155,504)
l Excluding London - highest new home Registrations since 2007
l New home Registrations for the private sector -2% (2016 - 115,689; 2015 - 117,506)
l New home Registrations for the affordable sector -5% (2016 - 35,998; 2016 - 37,998)
l 7/12 regions experiencing growth
l New home completions +1% (2016 - 141,175; 2015 - 140,407)
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].
NHBC ANNUAL NEW HOME STATISTICS REVIEW 2016
Regional overview
REGIONAL REGISTRATIONS – 2015 vs 2016
David Little, Northern Ireland
26,147
25,760
“A strong end to the year saw Registration 22,902
levels edge ahead of
2015. Estate agents
17,322have
16,832
15,915
15,720 16,370
reported that demand for new homes exceeds
supply, although builders are still experiencing
some planning delays as the main constraint to
increasing production. Hot spot areas include
Eastern
South
West
London areas South East
Belfast and the
surrounding
commuter
which continue to prove popular with prospective
homebuyers.”
20 12,209
Midlands
Malcolm MacLeod, Scotland
“The last quarter of 2016 produced some
excellent results which will hopefully
help us set the pace as we enter 2017.
Although Registration levels were
down on the previous 12 months, it was
12,716 11,531
a year of consolidation after several
encouraging
years. Confidence remains
4,632 4,683
3,280
3,225
-9%
high across the industry and we are
seeing a genuine demand for new homes
Scotland
Wales
Northern Ireland
in many
(incl. Isle
of Man)regions of the country. Looking
ahead we are hopeful that the progress
15,186
13,551 seen over recent years in13,500
terms 13,202
of new 13,220 12,209
9,669
7,630 will be maintained.”
home volumes
5,816 6,173
+6%
North East
13,551 15,186
7/12
13,551 15,186
7,630
6,173
22,902
9,669
3,225 3,280
26,147
+2%
North
East
13,500
13,202
Northern Ireland
(incl. Isle of Man)
North West
North West
4,632 4,683
Scotland
13,551 15,186
9,669
13,500 13,202
7,630 North East
25,760
17,322
16,832 15,915
16,370
15,720
West
Midlands
East Midlands
Yorkshire &
Humberside
3,225 3,280
Wales
7,630
5,816 6,173
13,551 15,186
12,209
West Midlands
East Midlands
Yorkshire &
Humberside
Yorkshire &
West Midlands
East Midlands
Humberside
+1%
South East
North
West
13,220
13,220 12,209
16,832 15,915
22,902
26
Eastern
-5%
North East
North East
12,716 11,531
London
13,500 13,202
East Midlands
25,760
25,760
North West
Yorkshire &
West Midlands
East Midlands
Eastern
South West
London
South
Ea
17,32
16,832
15,915
15,720 16,370
15,186
Humberside
13,551
13,500 13,202
13,220 12,209
1
16,832 15,915
15,720 16,370
15,186
9,669
13,551
13,500 13,202
13,220 12,209
7,630
5,816 6,173
9,669
7,630
5,816 6,173
-8%
4,632 4,683
Wales
9,669
West Midlands
+12%
2,716 11,531
17,322
Yorkshire &
Humberside
+27%
North East
Scotland
7,630
5,816 6,173
regions
experienced
growth5,816
25,760
North West
13,220 12,209
North West
-2%
9,669
Eastern
Eastern
South West
South West
25,760
22,902
17,322
16,832 15,915
15,720 16,370
13,220 12,209
26,147
25,760
22,902
-33%
17,322
15,720 16,370
12,716 11,531
Northern
13,500Ireland
(incl. Isle of 13,202
Man)
16,832 15,915
London
Lond
26,147
12,
West Midlands
East Midlands
Eastern
South West
London
South East
26,147
4,632 4,683
25,760
3,225 3
22,902
26,147
25,760
22,902
17,322
16,832 15,915
15,720 16,370
15,186
North
Yorkshire &
West
Midlands
Midlands
London
South East
Scotland
Wales
Northern I
13,551West
13,500
13,220
13,202
16,832
16,370 Eastern 17,322South West
12,716
15,915East
12,209
15,720
11,531
(incl. Isle o
13,500 13,202Humberside
9,669
13,220
12,716 11,531
12,209
2015
7,630
9
4,632 4,683
+14%
3,225
4,632 4,683
3,225 3,280
North West
Yorkshire &
West Midlands
West Midlands Humberside
East Midlands
Eastern
Yorkshire &
Humberside
+4%
East Midlands
South West
Eastern
London
South West
South East
London
Scotland
South East
Wales
Scotland 2016 Wales
Northern Ireland
(incl. Isle of Man)
Paul Edwards, Wales
Steve Catt, England
“Overall Registrations in Wales were marginally ahead
of the numbers seen in 2015, representing the second
highest annual Registration total since 2007. Generally
there is good demand in the market and we are hearing
positive feedback from builders and developers for the
next 12 months. Consumer confidence remains high and
we have a number of in-demand areas, such as Cardiff,
that remain extremely popular with home buyers.”
“Registrations for England throughout the year were marginally
down on 2015 levels, but taking the uncertainty around Brexit into
account, the industry has remained resilient. We have seen strong
growth in Yorkshire & Humberside, the South East and North
West, with only London experiencing a significant drop which is in
line with what the major developers have been reporting.”
Source: NHBC (Appendix table 3)
PAGE 2 OF 8
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].
Northern
(incl. Isle
NHBC ANNUAL NEW HOME STATISTICS REVIEW 2016
Analysis of new home Registrations
NEW-BUILD REGISTRATIONS – PRIVATE & AFFORDABLE SECTOR
250,000
Total 2016
Private sector
151,687 (2015 -155,504)
115,689 (2015 - 117,506)
Affordable sector
35,998 (2015 - 37,998)
200,000
151,687
150,000
115,689
100,000
50,000
35,998
0
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
Source: NHBC (Appendix table 2)
140,407
141,175
2015
2016
108,624
2013
119,996
112,954
112,229
2011
2012
102,564
2010
147,524
112,712
2009
187,853
185,567
2007
171,957
2005
2006
173,991
2001
170,821
151,420
149,327
2000
2003
157,413
1999
2004
155,234
1998
160,925
160,616
1997
170,041
159,158
1995
1996
168,420
157,349
1994
143,347
158,899
206,523
150,000
149,824
200,000
163,014
Number of homes
250,000
187,822
NEW HOME COMPLETIONS
100,000
50,000
2014
2008
2002
1993
1992
1991
1990
1989
1988
1987
0
Source: NHBC (Appendix table 4)
UK HOUSE TYPES
100,000
90,000
80,000
70,000
60,000
Detached 30%
Apartments 26%
Semi-Detached 26%
Terraced 17%
50,000
40,000
30,000
20,000
10,000
Bungalows 1%
2016
2015
2014
2013
2012
2011
2010
2009
2007
2008
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1993
1994
1991
1992
1990
1989
1987
1988
1986
0
Source: NHBC (Appendix table 5)
PAGE 3 OF 8
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].
NHBC ANNUAL NEW HOME STATISTICS REVIEW 2016
Regional overview
REGIONAL COMPLETIONS – 2015 vs 2016
21,372 20,752
21,372 20,752
12,434 12,164
12,434 12,164
4,485
14,023 14,453
12,227 12,473
11,418 11,616
14,023 14,453
5,420 5,551
12,227 12,473
11,418 11,616
5,420 5,551
s
South East
+2%
Scotland
West Midlands
434 12,164
12,227 12,473
11,616
South East 11,418West
Midlands
Scotland
North West
North West
14,023 14,453
11,769 12,50
7,894 8,334
11,769 12,502
7,894 8,334
13,692 14,310
+2%
North East
North East
13,692 14,310
South West
13,692 14,310
South West
5,420 5,551
2
Eastern
Eastern
7,894 8,334
Yorkshire &
East Midland
Humberside
12,502
11,769 Yorkshire
&
East Midlands NI &
Humberside
2,734 3,071
+6%
12,473
12,227
North
West
11,616
st12,164
Midlands 11,418 Scotland
North East
21,372 20,752
Scotland
North West
12,227 12,473
418 11,616
11,769 12,502
4,638 4,485
13,692 14,310
Eastern
Yorkshire &
Humberside
8,334
7,894
11,769
East12,502
Midlands
NI & IOM Combined
2,734 3,071
North East
South West
Eastern
Yorkshire &
East Midlands
NI & IOM Combined
14,023 14,453
Humberside
13,692 14,310
12,502
14,453
11,769
14,023
13,692 14,310
12,434 12,164
12,227 12,473
11,418 11,616
7,894 8,334
5,420 5,551
5,420 5,551
2,734 3,071
+6%
11
7,894 8,334
+5%
2,734 3,071
22,786 21,464
+12%
North West
North East
South East
West Midlands
NI & IOM Combined
Scotland
Wales
East Midlands
South West
5,420 5,551
+2%
Midlands
14,023 14,453
South 21,372
West 20,752Eastern
Scotland
North West
Yorkshire &
East Midlands NI & IOM Combined
North East
South West
Eastern
Humberside
12,434 12,164
11,418 11,616
Yorkshire &
Humberside
14,023 14,453
12,227 12,473
E
5,420 5,551
22,786 21,464
4,638 4,485
-3%
London
Wales
12,434 12,164
11,418 11,616
21,372 20,752
South East
5,420
22,786 5,551
21,464
14,023 14,453
Scotland
13,692 14,310
North West
5,420 5,551
+3%
North West
Scotland
14,023 14,453
12,227 12,473
-2%
12,473
12,227
16 South
East
West Midlands
West Midlands
North East
South West
Eastern
North West
North East
7,894 8,334
London
12,502
12,434
12,164
South11,769
West
Eastern
Yorkshire
&
7,894 8,334
Humberside
4,638 4,485
2,734
-3% 3,071
North East
Yorkshire &
London
Humberside
4,638 4,485
11,769 12,502
-6%
13,692 14,310
21,372 20,752
South West
Wales
East
Midlands
11,616
11,418
Growth
in 8 out of
12 regions
PAGE 4 OF 8
12
NI &
2015
East Midlands South
NI & East
IOM Combined
Wales
West Midlands
2016
Source: NHBC (Appendix table 3)
2,7
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].
Scotland
N
1987
150,000
PAGE 5 OF 8
89,376
2001
Source: NHBC
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].
129,744
134,365
2016
117,827
2014
2015
108,852
2013
89,014
2012
2016
2015
2014
2013
2012
2011
2010
2009
19,387
17,322
16,031
16,175
16,312
25,760
28,539
26,358
24,476
25,000
91,944
100,088
78,586
2008
2007
30,000
2011
2010
2009
2008
179,641
2006
2007
160,148
2005
18,327
2005
2006
17,661
17,197
2004
REGISTRATION HISTORY EXCLUDING LONDON
166,417
Source: NHBC
161,877
15,270
2003
10,358
14,240
13,835
13,412
11,843
13,726
12,616
12,849
16,425
14,938
11,726
10,674
9,110
13,066
17,141
16,661
14,657
0
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
1992
1991
1990
1989
5,000
2004
163,724
2003
157,779
143,615
141,777
2000
2002
147,804
1999
151,662
1997
146,129
143,740
1996
1998
138,931
165,104
148,968
1995
1994
1993
119,946
0
1992
50,000
124,964
100,000
1991
122,796
1988
1987
10,000
1990
151,896
250,000
209,144
15,000
1989
200,000
182,437
Number of homes
20,000
1988
Number of homes
NHBC ANNUAL NEW HOME STATISTICS REVIEW 2016
London - new homes market
NEW HOMES REGISTERED IN LONDON
NHBC ANNUAL NEW HOME STATISTICS REVIEW 2016
Appendices
Table 1: N
ew-build Registration history
YEAR
TOTAL
YEAR
TOTAL
YEAR
TOTAL
YEAR
1972
226,700
1981
114,200
1990
131,906
1999
1973
206,600
1982
141,600
1991
135,638
1974
92,400
1983
175,800
1992
131,672
1975
140,700
1984
165,600
1993
1976
153,500
1985
173,300
1977
134,400
1986
1978
156,900
1979
146,000
1980
89,500
TOTAL
YEAR
TOTAL
161,216
2008
105,688
2000
157,450
2009
88,944
2001
156,017
2010
116,263
163,906
2002
172,436
2011
116,420
1994
181,529
2003
178,994
2012
105,045
183,790
1995
151,780
2004
184,078
2013
135,210
1987
199,098
1996
156,356
2005
179,074
2014
146,366
1988
226,285
1997
165,388
2006
178,475
2015
155,504
1989
164,962
1998
157,972
2007
199,028
2016
151,687
Table 2: New-build Registrations – private and affordable sector
QUARTER
ENDING
PRIVATE
AFFORDABLE
TOTAL
QUARTER
ENDING
2006 Q1
45,850
6,355
52,205
2006 Q2
42,203
6,953
2006 Q3
35,073
2006 Q4
PRIVATE
AFFORDABLE
TOTAL
2011 Q3
21,522
8,397
29,919
49,156
2011 Q4
15,940
5,371
21,311
6,409
41,482
2012 Q1
20,100
5,707
25,807
30,049
5,583
35,632
2012 Q2
19,527
6,554
26,081
2007 Q1
43,357
10,021
53,378
2012 Q3
20,186
8,210
28,396
2007 Q2
41,698
10,781
52,479
2012 Q4
18,058
6,703
24,761
2007 Q3
39,924
9,657
49,581
2013 Q1
23,773
8,360
32,133
2007 Q4
35,426
8,164
43,590
2013 Q2
25,431
10,701
36,132
2008 Q1
28,481
8,782
37,263
2013 Q3
24,896
8,999
33,895
2008 Q2
20,073
9,138
29,211
2013 Q4
23,957
9,093
33,050
2008 Q3
13,024
10,102
23,126
2014 Q1
24,553
9,659
34,212
2008 Q4
8,707
7,381
16,088
2014 Q2
27,395
9,617
37,012
2009 Q1
8,699
7,527
16,226
2014 Q3
28,690
8,077
36,767
2009 Q2
13,506
8,453
21,959
2014 Q4
29,837
8,538
38,375
2009 Q3
15,968
8,401
24,369
2015 Q1
30,425
9,766
40,191
2009 Q4
18,497
7,893
26,390
2015 Q2
30,031
10,871
40,902
2010 Q1
18,440
9,690
28,130
2015 Q3
28,171
7,761
35,932
2010 Q2
20,071
10,857
30,928
2015 Q4
28,879
9,600
38,479
2010 Q3
20,568
9,151
29,719
2016 Q1
28,135
8,063
36,198
2010 Q4
18,673
8,813
27,486
2016 Q2
31,284
9,433
40,717
2011 Q1
19,261
11,063
30,324
2016 Q3
26,721
9,209
35,930
2011 Q2
22,450
12,416
34,866
2016 Q4
29,549
9,293
38,842
NOTES
1. The above figures relate to ‘New-Build’ registrations for NHBC’s ten-year warranty in the UK, including the Isle of Man.
2. Nationally NHBC provides warranties on approximately 80% of new homes built in the UK (including the Isle of Man).
3. Changes can occur between figures published at different times owing to changes in policies and cancellations.
PAGE 6 OF 8
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].
NHBC ANNUAL NEW HOME STATISTICS REVIEW 2016
Appendices (Continued)
Table 3: Registrations by region
JANUARY TO DECEMBER
REGION
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
NORTH EAST
7,204
8,329
2,667
2,806
4,544
3,246
3,967
5,223
5,347
5,816
6,173
NORTH WEST
13,634
15,135
6,058
5,353
7,082
6,386
7,334
9,244
9,974
11,377
12,509
MERSEYSIDE
3,144
2,466
1,853
1,188
1,318
1,813
1,394
2,010
1,695
2,174
2,677
YORKSHIRE &
HUMBERSIDE
12,818
13,956
6,434
4,797
7,417
5,989
6,004
7,057
8,785
7,630
9,669
WEST
MIDLANDS
12,376
16,047
7,326
5,784
8,910
8,042
7,917
10,726
12,376
13,500
13,202
EAST
MIDLANDS
16,119
15,538
7,924
7,185
9,096
7,739
7,871
10,933
11,808
13,220
12,209
EASTERN
18,689
22,938
12,850
11,844
13,363
13,520
11,394
14,592
13,660
16,832
15,915
SOUTH WEST
16,258
18,120
10,606
10,878
13,182
11,599
11,763
13,718
14,365
15,720
16,370
LONDON
18,327
19,387
16,312
10,358
16,175
24,476
16,031
26,358
28,539
25,760
17,322
SOUTH EAST
26,665
30,625
17,622
15,430
19,530
18,894
16,957
19,493
21,382
22,902
26,147
ENGLAND
145,234
162,541
89,652
75,623
100,617
101,704
90,632
119,354
127,931
134,931
132,193
SCOTLAND
18,775
20,613
9,494
6,848
8,220
9,084
8,420
10,128
11,128
12,716
11,531
WALES
5,899
8,589
3,456
2,900
4,229
3,564
4,179
3,596
4,797
4,632
4,683
NORTHERN
IRELAND
8,219
6,899
2,790
3,394
3,072
2,032
1,717
2,017
2,302
3,110
3,203
ISLE OF MAN
348
386
296
179
125
36
97
115
208
115
77
178,475
199,028
105,688
88,944
116,263
116,420
105,045
135,210
146,366
155,504
151,687
GRAND TOTAL
NOTES
1. The above figures relate to ‘New-Build’ completions for NHBC’s ten-year warranty in the UK, including the Isle of Man.
2. Nationally NHBC provides warranties on approximately 80% of new homes built in the UK (including the Isle of Man).
3. Changes can occur between figures published at different times owing to changes in policies and cancellations.
PAGE 7 OF 8
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].
NHBC ANNUAL NEW HOME STATISTICS REVIEW 2016
Appendices (Continued)
Table 4: New home completions
YEAR
TOTAL
YEAR
TOTAL
YEAR
1987
163,014
1993
157,349
1999
1988
206,523
1994
168,420
1989
187,822
1995
1990
158,899
1996
1991
149,824
1992
143,347
TOTAL
YEAR
TOTAL
YEAR
TOTAL
157,413
2005
171,957
2011
112,954
2000
151,420
2006
187,853
2012
112,229
170,041
2001
149,327
2007
185,567
2013
108,624
159,158
2002
160,925
2008
147,524
2014
119,996
1997
160,616
2003
173,991
2009
112,712
2015
140,407
1998
155,234
2004
170,821
2010
102,564
2016
141,175
Table 5: Registrations by house type
FINANCIAL
YEAR
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
DETACHED
HOUSES
APARTMENTS
SEMI- DETACHED
HOUSES
TERRACED
HOUSES
BUNGALOWS
TOTAL
62,297
68,722
80,145
53,228
40,840
43,757
38,088
50,782
68,540
66,847
61,676
71,182
69,637
70,711
67,339
61,292
60,133
52,548
46,200
37,690
34,695
35,683
15,856
15,173
20,482
23,142
24,169
30,830
38,072
41,982
46,118
36,649
43,651
52,373
40,562
29,807
27,356
25,770
27,635
30,648
24,965
23,627
25,195
25,208
27,632
34,751
39,122
51,697
62,419
74,586
78,245
81,689
90,151
51,066
34,437
43,307
45,176
33,411
46,506
48,015
49,183
38,912
28,933
27,281
27,556
22,386
21,297
24,259
26,208
36,055
36,757
27,967
34,116
32,727
29,707
28,643
23,535
22,815
24,415
25,142
25,816
26,238
25,329
27,945
14,969
15,842
22,111
21,169
21,509
28,202
31,712
35,333
38,999
29,503
31,202
34,837
26,302
24,925
27,096
29,642
35,805
32,351
21,608
25,962
24,745
23,009
24,316
23,127
25,866
29,395
32,615
32,086
32,438
32,835
40,772
21,278
20,907
27,727
24,998
24,231
27,215
26,524
26,537
25,448
26,408
28,242
31,374
22,484
15,037
13,170
11,964
13,629
13,233
10,393
10,975
11,539
10,411
9,914
8,698
6,922
6,796
6,270
5,390
4,463
3,927
4,477
2,519
2,585
2,636
1,935
1,725
2,457
2,043
2,469
2,210
183,790
199,098
226,285
164,962
131,906
135,638
131,672
163,906
181,529
151,780
156,356
165,388
157,972
161,216
157,450
156,017
172,436
178,994
184,078
179,074
178,475
199,028
105,688
88,944
116,263
116,420
105,045
135,210
146,366
155,504
151,687
NOTES
1. The above figures relate to ‘New-Build’ registrations for NHBC’s ten-year warranty in the UK, including the Isle of Man.
2. The figures relate to ‘New-Build’ completions for NHBC’s ten-year warranty in the UK including the Isle of Man.
3. Nationally NHBC provides warranties on approximately 80% of new homes built in the UK (including the Isle of Man).
4. Changes can occur between figures published at different times owing to changes in policies and cancellations.
PAGE 8 OF 8
If you would like an interview to discuss this in more detail or if you require any further information, please contact
Nadia Bedra on 01908 746 734 or email [email protected].