NHBC NEW HOMES STATISTICS REVIEW Q1 2012 - NHBC Home

NHBC NEW HOMES 

STATISTICS REVIEW Q1 2012 

With Richard Tamayo – Commercial Director at NHBC 

CONTENTS 

THE BIG NUMBERS 

FOR Q1 2012 

1 

REGIONAL 

OVERVIEW 

2 

PUBLIC VS. PRIVATE 

3 

APPENDIX 

4 

“The figures for the first quarter of 2012 show the gap between private and public housebuilding levels 

continue to grow. Overall, figures for the first quarter of 2012 were 13% down on the same period last year. 

A key factor in this decline was the registration in the first quarter of 2011 of the London Olympic village 

properties which significantly inflated the comparative figures. 

However, this overall reduction hides a modestly expanding private sector (up 6%), overshadowed by a sharp 

fall (48%) in public sector housing, again a fall exaggerated by the inclusion of the Olympic Village properties 

in the comparative figures. 

Regionally, we also saw continued growth in housing figures in areas such as the North West and North East of 

England which were particularly hard hit by the downturn. As 2012 progresses we should be able to monitor 

the impact of the measures announced in the Government’s Housing Strategy which is aimed at giving a much 

needed boost to housing volumes.” 

YEAR ON YEAR OVERALL NEW HOUSEBUILDING FIGURES – Q1 2011 VS Q1 2012 

UK Private sector 

Registrations 

UK Public sector 

Registrations 

Total UK 

Registrations 

Total UK 

Completions 

6% 

-48% -13% 

9% 

NUMBER OF NEW HOMES 

UK REGISTRATIONS 

Q1 2011 30,010 

Q1 2012 26,000 

UK COMPLETIONS 



% CHANGE 

-13% 

% CHANGE 

9% 

Source: NHBC (Appendix table 1 and table 4) 

Note: Figures 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. 

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 



Regional Overview 

Quarterly registrations for all sectors (% change Q1 2011 on Q1 2012) 

DAVID LITTLE, NHBC DIRECTOR 

NORTHERN IRELAND 

“The registration figures for Q1 show a small but 

welcome increase over the same period in 2011. 

They are hopefully an indication that we are seeing 

the end of the decline in the local housing market 

which started in 2007. The figures unsuprisingly 

show that most activity is concentrated in the 

Belfast commuter area, with an increase also in 

the North West.” 

PETER WATTON, NHBC DIRECTOR 

WALES 

21% 

“The market in Wales continues to be difficult with 

the availability of mortgages being the principle 

problem. In the first quarter of 2012 NHBC has 

seen registrations for 731 homes for sale and 147 

social homes; 4% down on last year. Many builders 

remain upbeat about sales and continue to 

open new developments in readiness for the 

Spring market.” 

38% 

-4% 

15% 

1% 

3% 

55% 

21% 

7% 

-17% 

MALCOLM MACLEOD, NHBC DIRECTOR 

SCOTLAND 

“Although the latest quarterly statistics portray 

a positive increase of nearly 40% in the number 

of homes registered with NHBC compared to the 

same quarter last year, these statistics have been 

influenced by the registration of the homes forming 

the Glasgow Commonwealth Games Athletes village 

which is currently under construction. When the 

latter homes are discounted the quarterly increase 

in registrations over the preceding year, although 

remaining positive, reduces to 2% and continues to 

run at 44% below its ten year average trend.” 

-47% 

-29% 

STEVE CATT, NHBC DIRECTOR 

ENGLAND 

“The London/South East regions 

continue to provide the strongest 

registration figures, contributing 

nearly 1/3 of all plot registrations 

in the UK during Q1 2012. 

However, this dominance is not 

as strong as it was in the same 

period in 2011 and both regions 

show a significant decrease in 

registrations and ongoing site 

activity. Regions in the north of 

England have shown the 

strongest year on year quarterly 

increase, but from a very low 

base in 2011.” 

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 

50 

45 

40 

35 

30 

25 

20 

15 

10 

5 

0 

17 

Detached houses 

22 

1 1 

Detached bungalows 

16 

Semi-detached houses 

20 21 

Terraced houses 

24 

1 1 

Attached bungalows 

45 

Flats and maisonettes 

33 

Q1 2012 

Q1 2011 


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 



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 

195 

190 

185 

180 

175 

170 

165 

160 

155 

150 

185 


165 


180 


MEHBAN CHOWDERY, HEAD OF SOCIAL HOUSING AT NHBC 

Generally speaking affordable housing completions 

have held steady compared to the same period last year. 

Although it was expected that affordable housing levels 

would drop due to the slower commencement of the 

National Affordable Housing Programme (NAHP) 2012-1015, 

completions came through from those properties which 

were stalled from the previous NAHP (2008-2011). 

Despite registrations down compared to the start of last 

year due to a number of factors, with the fall exaggerated 

by the inclusion of the Olympic Village properties in last 

year’s figures, we remain confident that looking ahead and 

as the new NAHP extends, that social housing levels will 

remain consistent. 

20000 

15000 

10000 

5000 

0 

CHART 2: NHBC REGISTRATIONS AND COMPLETIONS 

35000 Registrations – private sector 

30000 

Registrations – public sector 

Completions – private sector 

25000 

Completions – public sector 







178 


190 


Number of homes 



nbedra@nhbc.co.uk.

page 4 of 10 



Appendix 

TABLE 1: UK REGISTRATIONS AND COMPLETIONS ALL SECTORS 

NUMBER OF NEW HOMES 

REGISTRATIONS 






Jan 2012 7,830 

Feb 2012 8,510 

Mar 2012 9,660 

COMPLETIONS 






Jan 2012 6,480 

Feb 2012 8,850 

Mar 2012 13,370 

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 to the nearest 10. 

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. 


nbedra@nhbc.co.uk.

page 5 of 10 



Appendix 

TABLE 2: MEDIAN SELLING PRICE OF NEW HOUSES – PRIVATE SECTOR ONLY 

PRICES ARE GIVEN 

IN £000’S 

Q1 2008 Q1 2009 Q1 2010 Q1 2011 Q1 2012 

North East 163 137 150 140 153 

North West 145 123 140 145 160 

Yorkshire & The Humber 155 140 157 141 158 

West Midlands 160 145 150 150 150 

East Midlands 160 145 148 150 156 

Eastern 197 180 198 205 200 

South West 195 171 185 180 187 

Greater London 275 250 250 290 274 

South East 220 195 225 225 240 

England 187 166 183 180 192 

Scotland 185 161 185 183 198 

Wales 175 145 144 155 168 

Northern Ireland (incl. Isle of Man) 175 147 144 132 135 

United Kingdom (incl. Isle of Man) 185 165 180 178 190 

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. 


nbedra@nhbc.co.uk.

page 6 of 10 



Appendix (continued) 

TABLE 3: REGIONAL REGISTRATION FIGURES – ALL SECTORS 


North East 1,250 610 1,320 690 1,070 

North West 3,540 1,490 1,810 1,760 2,030 

Yorkshire & the Humber 2,570 1,030 1,900 1,190 1,440 

West Midlands 2,900 930 2,350 1,600 1,640 

East Midlands 3,240 1,220 2,320 1,780 1,900 

Eastern 4,160 2,570 3,500 3,450 2,440 

South West 3,090 1,750 3,070 2,940 2,960 

Greater London 4,430 1,300 3,100 8,580 4,530 

South East 6,350 2,500 4,710 4,760 3,930 

England 31,520 13,390 24,080 26,750 21,950 

Scotland 4,000 1,450 1,990 1,950 2,700 

Wales 1,430 730 1,120 920 880 

Northern Ireland (incl. Isle of Man) 890 670 790 390 470 

United Kingdom (incl. Isle of Man) 37,840 16,230 27,970 30,010 26,000 

Note: Please note these figures are rounded to the nearest 10. 

Northern Ireland Registration Figures by County – all sectors 


Antrim 142 143 228 120 150 

Armagh 132 35 56 18 16 

Down 255 358 273 154 138 

Fermanagh 60 31 43 34 8 

Londonderry 79 48 86 33 101 

Tyrone 68 50 64 32 18 


nbedra@nhbc.co.uk.

page 7 of 10 




Scotland Registration Figures by Council – all sectors 


Aberdeenshire 518 286 174 212 194 

Angus 64 7 47 28 48 

Argyll & Bute 48 25 15 16 7 

City of Aberdeen 135 72 15 129 178 

City of Edinburgh 273 194 165 197 235 

City of Glasgow 387 29 314 109 841 

Clackmannan 6 3 14 7 2 

Dumfries & Galloway 30 39 81 7 17 

Dundee City 73 19 62 38 6 

East Ayrshire 43 8 13 82 67 

East Dumbartonshire 0 4 53 134 40 

East Lothian 43 32 47 22 38 

East Renfrewshire 35 2 17 31 40 

Falkirk 207 0 45 16 46 

Fife 314 58 210 161 118 

Highland 224 86 91 43 79 

Inverclyde 45 20 5 18 16 

Midlothian 102 1 38 45 124 

Moray 23 5 63 8 54 

North Ayrshire 62 1 16 67 11 

North Lanarkshire 308 95 90 169 97 

Orkney Islands 1 21 0 1 1 

Perthshire & Kinross 101 21 81 19 63 

Renfrewshire 134 8 50 47 58 

Scottish Borders 77 19 62 21 30 

Shetland Islands 11 1 5 0 0 

South Ayrshire 79 0 19 8 62 

South Lanarkshire 318 32 144 168 96 

Stirling 208 4 30 44 34 

West Dumbartonshire 37 0 2 34 54 

Western Isles 1 18 13 2 1 

West Lothian 97 336 6 65 42 


nbedra@nhbc.co.uk.

page 8 of 10 




Welsh Registration Figures by Unitary Authority – all sectors 


Blaenau Gwent 35 85 4 1 0 

Bridgend 152 67 206 54 112 

Caerphilly 41 105 76 55 91 

Cardiff 170 117 176 64 76 

Carmarthenshire 49 20 70 55 19 

Ceredigion 6 2 11 15 0 

Conwy 67 6 12 30 48 

Denbighshire 4 6 2 54 20 

Flintshire 56 3 46 49 44 

Gwynedd 6 8 15 9 1 

Isle of Anglesey 33 5 7 12 34 

Merthyr Tydfil 0 0 26 2 11 

Monmouthshire 126 3 120 25 101 

Neath Port Talbot 25 23 60 42 17 

Newport 263 108 18 180 58 

Pembrokeshire 8 14 35 82 9 

Powys 89 31 29 8 16 

Rhondda Cynon Taff 52 20 85 46 33 

Swansea 194 40 70 101 54 

Torfaen 2 19 17 13 52 

Vale of Glamorgan 1 29 5 0 44 

Wrexham 46 18 30 21 38 


nbedra@nhbc.co.uk.

page 9 of 10 




TABLE 4: UK PRIVATE AND PUBLIC SECTOR REGISTRATIONS AND COMPLETIONS 

PRIVATE SECTOR NUMBER 

PUBLIC SECTOR NUMBER 

REGISTRATIONS 

Q1 2008 29,140 8,700 




Q1 2012 20,310 5,690 

COMPLETIONS 





Q1 2012 17,010 11,690 

NOTES 

1. The above figures relate to ‘New-Build’ registrations for NHBC’s ten-year warranty in the UK. 

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. 


nbedra@nhbc.co.uk.

page 10 of 10 




TABLE 5: PERCENTAGE OF HOUSE TYPES IN TOTAL REGISTRATIONS 

PRIVATE AND PUBLIC SECTOR – PERCENTAGE OF HOUSE TYPE IN TOTAL REGISTRATIONS 

COUNTRY YEAR DETACHED 

HOUSES 

DETACHED 

BUNGALOWS 

SEMI-DETACHED 

HOUSES 

TERRACED 

HOUSES 

ATTACHED 

BUNGALOWS 

England Q1 2008 13% 1% 14% 22% 1% 48% 

Q1 2009 13% 1% 17% 23% 2% 43% 



Q1 2012 20% 1% 21% 23% 0% 35% 

Wales Q1 2008 16% 2% 17% 22% 1% 41% 





Scotland Q1 2008 36% 2% 12% 9% 1% 40% 





FLATS AND 

MAISONETTES 

Northern 

Ireland 






United 

Kingdom 






NOTES 

1. The above table shows the percentages of different types of homes registered by country. 


nbedra@nhbc.co.uk. 

NHBC 

NHBC House, Davy Avenue, Knowlhill, Milton Keynes, Bucks MK5 8FP 

Tel: 0844 633 1000 Fax: 0844 633 0022 www.nhbc.co.uk 

F135 04/12

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