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Written question asked by Liam Byrne (Labour) on Tuesday, 18 October 2022, in the House of Commons. It was due for an answer on Monday, 24 October 2022 (named day). It was answered by Dean Russell (Conservative) on Wednesday, 26 October 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Housing: Sales

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many residential property sales were registered at HM Land Registry across (a) all properties and (b) new-build properties in each local authority in England and Wales in each of the last three years; and what proportion of those were to (i) UK companies, (ii) overseas companies, (iii) UK-based individuals and (iv) individuals based overseas.

Original answer

HM Land Registry Price Paid Data available at https://www.gov.uk/government/statistical-data-sets/price-paid-data-downloads contains information on property sales, broken down by local authority. The last three years’ data is provided with this answer in a separate spreadsheet. In summary, the breakdown is as set out in the table below.

Year

Residential

Residential classified as new build

2022

337,540

3,198

2021

964,359

54,607

2020

729,743

85,167

2019

839,999

112,303

We will place a detailed breakdown between UK and overseas companies, and individuals providing UK and non-UK correspondence addresses as soon as possible in the Libraries of the House.

The answer was corrected by Dean Russell (Conservative)

on Thursday, 27 October 2022 on behalf of the Department for Business, Energy and Industrial Strategy.

Corrected answer

HM Land Registry Price Paid Data available at https://www.gov.uk/government/statistical-data-sets/price-paid-data-downloads contains information on property sales, broken down by local authority. The last three years’ data is provided with this answer in a separate spreadsheet. In summary, the breakdown is as set out in the table below.

Year

Residential

Residential classified as new build

2022

337,540

3,198

2021

964,359

54,607

2020

729,743

85,167

2019

839,999

112,303

We will place a detailed breakdown between UK and overseas companies, and individuals providing UK and non-UK correspondence addresses as soon as possible in the Libraries of the House.


Secondary information

Type
Written question
Reference
65632
Session
2022-23
Related items
Deposited Paper DEP2023-0036
Wednesday, 26 October 2022
Deposited papers
House of Lords
Subjects
Housing Sales
Contains statistics
Yes
Link
View this Written question on www.parliament.uk