NHBC NEW HOMES STATISTICS REVIEW 2012 - NHBC Home

NHBC NEW HOMES
STATISTICS REVIEW 2012
With Richard Tamayo – Commercial Director at NHBC
According to NHBC’s registration figures for 2012 there were 104,514 new homes registered in the UK
over the past year, representing a 9% decrease compared to 2011 (114,930).
Contents
The big numbers
for 2012
1
Regional
overview
2
In summary, 2012 was a challenging year for the housebuilding industry but as the year progressed, and with
Government-backed schemes such as NewBuy and Funding for Lending helping to increase mortgage
availability, there were some encouraging signs.
We were heartened by the Government’s commitment to back the industry and provide new funding,
particularly to unlock almost 50,000 homes on stalled sites and look forward to seeing how this progresses.
We obviously hope that the upward trend seen towards the end of 2012, which included a 17% increase in
registrations for Q4 2012 (24,560) compared to Q4 2011 (21,060) and the positive trend seen in the opening
weeks of January 2013 will continue throughout the year.
YEAR ON YEAR OVERALL New HOUSEBUILDING FIGURES – 2011 vs 2012
Public vs. private
3
Appendix
4
Registrations
9%
All Sectors:-
Completions
1%
(2011-2012) (2011-2012)
UK Registrations
2011 114,930
2012 104,510
UK Completions
2011 113,880
2012 114,550
Number of NEW homes
Source: NHBC (Appendix table 1)
Note: Figures for 2011 are derived from actual ‘New-Build’ registrations for NHBC’s ten-year warranty and
the number of completions notified by NHBC inspectors. Figures are rounded to the nearest 10.
UK Median Selling Price of New homes – private sector only
Note: These figures are
based on the purchaser’s
solicitor confirming to
NHBC the purchase price of
a new home.
Prices are given in £000,s
190
185
180
175
170
184
172
182
184
194 190
165
2008
2009
2010
2011
2012
Source: NHBC (Appendix table 2)
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 nbedra@nhbc.co.uk.

page 2 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Regional Overview
Annual registrations for all sectors (% change 2011 on 2012)
David Little, NHBC Director
Northern Ireland
As expected we have seen a moderate decline
over the last 12 months, but not as marked as the
comparative statistic from a year ago (-35% in 2011
compared to 2010). We have also seen signs of
house prices stabilising at an affordable level which
in turn should lead to an increase in sales volumes.
The recent strong figures for purchases through
the NI CoOwnership scheme may well indicate that
potential buyers are now confident that this is the
right time to buy. While we expect
the recovery in new housebuilding
volumes to be led by Belfast and
the East of Northern Ireland, we
-14%
believe that overall the local
housebuilding industry will see
an increase in volumes in 2013.
Peter Watton, NHBC Director
Wales
We have seen encouraging figures over the course
of 2012 in terms of new build registrations across
the country, with a 16% increase compared against
2011. It was also pleasing to see increases in both
the private and public sectors as a number of large,
stalled sites finally reached completion and have
been replaced by exciting new sites. We hope that
this progress will continue into the new year and,
as an industry, we must try and ensure that key
issues such as mortgage availability, remain
closely monitored.
-7%
+16%
+6%
+3%
+24%
-2%
+0.4%
Malcolm MacLeod, NHBC Director
Scotland
2012 has seen registration levels in Scotland stabilise with
overall levels revealing a slight decline compared with 2011.
Figures for the private sector show that year-end results are
virtually like-for-like versus last year, although public sector,
as elsewhere across the UK, is significantly down on 2011.
In the last quarter of 2012 both the Mi New Home and the
Funding for Lending initiatives were launched and will greatly
assist first time buyers to get onto the housing ladder. During
2013 the industry must work together even more to promote
the benefits of new homes to ensure the aspirations of
prospective homebuyers are met.
+2%
-7%
-33%
-16%
Steve Catt, NHBC director
England
In keeping with overall UK housing figures,
England has seen a levelling out in the housing
market in 2012 with a 10% decrease in housing
numbers. There were encouraging signs as the
year progressed, with Government backed
schemes such as NewBuy, helping to
increase mortgage availability for
prospective homeowners.
However, it is clear that there remains a
continued undersupply of new homes,
especially in the affordable sector which
contributed to a large proportion of the
fall in numbers for the year. This
undersupply needs to be addressed as we
begin to speculate about what 2013 may bring for
the industry.
Source: NHBC (Appendix table 3)
Note: The comparison is based on ‘New-Build’ registrations for NHBC’s ten-year warranty.
Percentage of UK house types in total registrations – all sectors
Percentage
45
40
35
30
25
20
15
10
5
0
20
Detached houses
23
1 1
Detached bungalows
18
Semi-detached houses
21 21
Terraced houses
23
1 1
Attached bungalows
39
Flats and maisonettes
32
Year 2011
Year 2012
Source: NHBC (Appendix table 5)
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
nbedra@nhbc.co.uk.

page 3 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
PRIVATE vs. AFFORDABLE
Private Sector
Number of new homes
Year on year percentage change
Registrations
2011 78,250
2012 78,120 -0.2%
Completions
2011 76,890
2012 80,270 4%
Affordable Sector
Number of NEW homes
Year on year percentage change
Registrations
2011 36,680
2012 26,390 -28%
Completions
2011 36,990
2012 34,280 -7%
Note: Figures are rounded to the nearest 10.
Mehban Chowdery, Head of social housing at NHBC
Over the course of the last year the final 2012 figures
for the social housing sector were significantly down on
2011. This decrease can be partly attributed to the delays
experienced in starting the National Affordable Housing
Programme (NAHP) 2012 – 2015 which had a significant
knock-on effect on the subsequent figures for the UK’s
public sector housing numbers.
However, now this has been resolved, with a new timetable
of the NAHP for this year and the rest of the programme,
we can hopefully look forward to an increase in levels. This,
combined with the measures announced by the Government
last year should boost housing numbers in the public sector.
Number of homes
120000
100000
80000
60000
40000
20000
0
Chart 2: NHBC registrations and completions
2008
2009
Registrations – private sector
Registrations – public sector
Completions – private sector
Completions – public sector
2010
2011
2012
Source: NHBC (Appendix table 4)
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
nbedra@nhbc.co.uk.

page 4 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Appendix
Table 1: UK Registrations and completions all sectors
Registrations
2008 106,890
2009 88,080
2010 115,460
2011 114,930
2012 104,510
Oct 2012 9,680
Nov 2012 9,530
Dec 2012 5,350
Completions
2008 148,890
2009 116,330
2010 103,800
2011 113,880
2012 114,550
Oct 2012 8,820
Nov 2012 11,280
Dec 2012 9,000
Number of new homes
Notes
1. NHBC statistics are derived almost exclusively from its registered builders, who construct around 80% of the new homes built in the UK.
As such, they represent a unique source of detailed, up-to-date information on new home construction and the house-building industry.
2. A NHBC registered builder is required to register a house with NHBC at least 21 days before building starts.
3. A house registered with NHBC is deemed completed when the NHBC Building Inspector, who carried out key stage inspections during
construction, considers that the house has been satisfactorily completed in respect of NHBC’s technical requirements.
4. These figures are rounded numbers.
5. The number of ‘Registrations’ relate to homes registered, less a small percentage reduction to allow for likely cancellations. During an
economic downturn the number of actual cancellations is likely to be higher.
6. The above figures relate to ‘New-Build’ registrations for NHBC’s ten-year warranty in the UK, including the Isle of Man.
7. ‘Completions’ relate to the number of homes ‘finalled’ by NHBC’s Building Inspectors and are reported in the month they are received
and processed.
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
nbedra@nhbc.co.uk.

page 5 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Appendix
Table 2: Median Selling Price of New Houses – PRIVATE SECTOR ONLY
Prices are given
in £000’s
2008 2009 2010 2011 2012
North East 157 144 150 143 146
North West 148 138 150 153 155
Yorkshire & The Humber 150 146 159 150 153
West Midlands 156 153 158 159 166
East Midlands 155 148 157 157 165
Eastern 195 180 205 205 215
South West 190 175 190 186 190
Greater London 270 257 252 287 273
South East 225 210 230 235 240
England 185 175 185 186 195
Scotland 189 174 185 188 191
Wales 160 145 157 160 165
Northern Ireland 169 148 145 130 127
United Kingdom 184 172 182 184 190
Notes
1. NHBC asks the purchaser’s solicitor to return a document confirming the purchase price of a house.
2. For each update, the previous figures are re-calculated and this can result in some minor changes occuring.
3. Houses includes flats, maisonettes and bungalows.
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
nbedra@nhbc.co.uk.

page 6 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Appendix (continued)
Table 3: REGIONAL REGISTRATION FIGURES – All sectors
2008 2009 2010 2011 2012
North East 2,845 2,758 4,548 3,227 3,996
North West 8,252 6,471 8,318 8,103 8,620
Yorkshire & the Humber 6,601 4,727 7,339 5,891 5,914
West Midlands 7,627 5,782 8,780 7,890 7,701
East Midlands 8,071 7,042 8,984 7,657 7,784
Eastern 12,755 11,686 13,337 13,343 11,270
South West 10,647 10,744 13,073 11,376 11,730
Greater London 16,015 10,304 16,169 24,592 16,364
South East 17,555 15,356 19,306 18,303 16,966
England 90,368 74,870 99,854 100,382 90,345
Scotland 9,752 6,814 8,209 8,986 8,327
Wales 3,640 2,872 4,193 3,495 4,065
Northern Ireland (incl. Isle of Man) 3,134 3,527 3,202 2,067 1,777
United Kingdom (incl. Isle of Man) 106,894 88,083 115,458 114,930 104,514
Northern Ireland Registration Figures by County – all sectors
2008 2009 2010 2011 2012
Antrim 710 1,010 952 715 578
Armagh 343 296 243 109 109
Down 1,060 1,380 988 796 603
Fermanagh 167 196 122 80 43
Londonderry 344 276 509 199 245
Tyrone 209 193 262 31 131
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
nbedra@nhbc.co.uk.

page 7 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Appendix (continued)
Scotland Registration Figures by Council – all sectors
2008 2009 2010 2011 2012
Aberdeenshire 1099 921 654 837 651
Angus 130 181 172 167 140
Argyll & Bute 109 185 110 107 41
City of Aberdeen 247 233 195 587 574
City of Edinburgh 617 594 837 1,105 699
City of Glasgow 844 426 1,063 382 1,311
Clackmannan 6 58 35 97 63
Dumfries & Galloway 106 136 254 67 64
Dundee City 330 188 153 88 52
East Ayrshire 124 56 134 143 144
East Dumbartonshire 66 54 131 380 170
East Lothian 152 208 231 148 183
East Renfrewshire 151 42 203 192 210
Falkirk 404 189 162 307 285
Fife 925 416 570 752 531
Highland 528 361 407 367 303
Inverclyde 186 49 82 97 47
Midlothian 290 124 232 313 357
Moray 98 72 185 64 144
North Ayrshire 103 68 137 113 112
North Lanarkshire 734 459 495 673 495
Orkney Islands 33 38 19 12 10
Perthshire & Kinross 216 194 234 152 252
Renfrewshire 313 166 197 97 194
Scottish Borders 250 85 131 83 163
Shetland Islands 25 15 5 4 2
South Ayrshire 118 69 92 63 120
South Lanarkshire 838 459 778 602 439
Stirling 271 105 171 142 212
West Dumbartonshire 120 95 18 62 158
Western Isles 21 20 64 9 2
West Lothian 298 548 58 774 199
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
nbedra@nhbc.co.uk.

page 8 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Appendix (continued)
Welsh Registration Figures by Unitary Authority – all sectors
2008 2009 2010 2011 2012
Blaenau Gwent 36 85 131 58 57
Bridgend 228 210 422 300 382
Caerphilly 103 268 198 220 266
Cardiff 598 359 467 208 290
Carmarthenshire 125 200 260 263 213
Ceredigion 22 14 40 34 40
Conwy 182 140 103 75 185
Denbighshire 172 53 119 128 48
Flintshire 168 118 174 265 286
Gwynedd 36 68 50 39 60
Isle of Anglesey 116 74 74 83 64
Merthyr Tydfil 7 107 240 21 49
Monmouthshire 186 33 242 152 318
Neath Port Talbot 214 100 206 210 120
Newport 508 267 253 292 220
Pembrokeshire 72 73 100 121 63
Powys 160 78 82 176 91
Rhondda Cynon Taff 205 116 198 272 370
Swansea 287 154 361 285 289
Torfaen 95 108 150 73 235
Vale of Glamorgan 15 122 91 63 123
Wrexham 105 125 232 157 296
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
nbedra@nhbc.co.uk.

page 9 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Appendix (continued)
Table 4: UK Private and Affordable Sector Registrations and Completions
Private sector number
Affordable sector number
Registrations
2008 72,110 34,780
2009 55,910 32,170
2010 77,530 37,920
2011 78,250 36,680
2012 78,120 26,390
Completions
2008 111,950 36,940
2009 81,060 35,270
2010 72,480 31,320
2011 76,890 36,990
2012 80,270 34,280
Notes
1. The above figures relate to ‘New-Build’ registrations for NHBC’s ten-year warranty in the UK. Northern Ireland values include the Isle of Man.
2. NHBC registration figures are obtained as follows: A builder is required to register a house with NHBC at least 21 days before building starts.
3. NHBC registration figures reflect an intention to build, they may give an earlier indication of market trends.
4. ‘Completions’ relate to the number of homes ‘finalled’ by NHBC’s Building Inspectors and are reported in the month they are received and processed.
5. These figures are rounded.
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
nbedra@nhbc.co.uk.

page 10 of 10
NHBC NEW HOMES
STATISTICS REVIEW 2012
Appendix (continued)
Table 5: PERCENTAGE OF HOUSE TYPES IN TOTAL registrations
Private and AFFORDABLE Sector – Percentage of house type in total registrations
Country Year Detached
Houses
Detached
Bungalows
Semi-detached
HOUSES
Terraced
Houses
Attached
bungalows
England 2008 12% 1% 14% 21% 1% 51%
2009 15% 1% 17% 25% 1% 40%
2010 15% 1% 19% 25% 1% 39%
2011 17% 1% 18% 22% 1% 41%
2012 21% 1% 21% 23% 1% 34%
Wales 2008 21% 2% 20% 20% 1% 37%
2009 23% 2% 22% 24% 2% 27%
2010 28% 2% 28% 21% 0% 21%
2011 38% 1% 24% 20% 1% 16%
2012 35% 1% 23% 20% 0% 20%
Scotland 2008 34% 2% 14% 14% 2% 34%
2009 31% 3% 20% 11% 2% 33%
2010 33% 3% 14% 14% 2% 34%
2011 38% 2% 16% 12% 1% 30%
2012 37% 2% 15% 23% 1% 22%
Flats and
maisonettes
Northern
Ireland
2008 24% 6% 21% 15% 0% 33%
2009 24% 5% 25% 20% 1% 25%
2010 23% 4% 27% 25% 1% 20%
2011 29% 5% 33% 14% 0% 19%
2012 31% 4% 36% 18% 0% 11%
United
Kingdom
2008 14% 1% 14% 20% 1% 49%
2009 17% 1% 18% 24% 1% 39%
2010 17% 1% 19% 24% 1% 37%
2011 20% 1% 18% 21% 1% 39%
2012 23% 1% 21% 23% 1% 32%
Notes
1. The above table shows the percentages of different types of homes registered by country for the past five years by house types.
2. For each update, the previous figures are recalculated and this can result in some minor changes occurring.
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
nbedra@nhbc.co.uk.
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