Question to the Department for Business, Energy and Industrial Strategy:
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.
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.