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Detached homes make a comeback in shift away from flats General

Detached homes make a comeback in shift away from flats

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Top Story
Detached homes make a comeback in shift away from flats

House builders built the highest number of detached homes for a decade last year – more than during the height of the property boom in 2007.

Detached houses registered with NHBC rose sharply in 2014 from 30,849 to 38,113, with growth particularly marked in the regions.

Following an oversupply of flats outside London over the last decade, the growth in detached homes is restoring balance to the country’s housing stock to meet the diverse needs of the population.

The renewed vigour in the detached market comes as NHBC reported a 9% increase in the overall volumes of homes registered to 145,174 in 2014.

The final quarter of the year was particularly strong with an increase in registrations of 17% to 38,157.

Yorkshire and the Humber, Wales, Northern Ireland, the West Midlands and the South East are all now outpacing London in terms of the year-on-year percentage growth in the number of new builds being registered.

Wales recorded the strongest percentage jump, with registrations up by one third (33 per cent) on 2013.

After the exceptional growth in 2013, London has returned to growth levels in line with the UK as a whole.

The capital, which has historically been the main driver of housing growth in the UK, recorded a 10% increase in new housing registrations from last year’s record figure of 26,230 to 28,733 in 2014.

Overall, the private sector recorded a 13% increase on last year with 110,403 new homes registered compared to 97,399 the previous year.

Public sector volumes were down slightly by 4% from 36,271 in 2013 to 34,771 in 2014, which may be a result of changes in funding through the Affordable Homes Programme.

While there was a significant increase in detached homes, NHBC figures also show there were 31,650  semi-detached homes registered last year – an increase of 12% on 2013.

In contrast, the number of flats increased by just 5% with 48,685 registered last year – just over half the number registered at its peak volume in 2007 (90,221).

NHBC Chief Executive Mike Quinton said: “We are encouraged to see that overall house-building levels grew by 9% last year – building on the strong volumes registered in 2013. The regions were the big drivers of growth in 2014 showing that the recovery is no longer centred in London and the South East.

“Whilst the overall growth last year is to be welcomed, we are still building below the levels seen before the economic downturn and below what this country needs.

“With the General Election just three months away, it is therefore very encouraging that housing remains a top priority for all the main parties.”

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