NHBC reports house building growth in 2015

Industry News,New Homes

NHBC reports house building growth in 2015

by on Wednesday 3 February, 2016 in Industry News,New Homes


NHBC recently released its 2015 registration statistics for house building across the UK. Reporting on the number of new homes registered for its 10 year warranty and insurance cover (Buildmark) during 2015, NHBC reported the following key statistics:

  • 7% year-on-year increase in new home registrations;
  • 156,140 new homes registered – an 8 year high;
  • 75% more new homes registered in 2015 than during the housing crash of 2009.

Private sector registrations increased by 7% (118,611 in 2015; 110,674 in 2014), with public sector housing registrations increasing by 5% (37,529 in 2015; 35,685 in 2014).

This is how 2015 compared to the previous three years:

NHBC 2015 house building stats

More detached homes in over a decade

Continuing the trend from 2014, the number of detached homes registered over the last 12 months (42,173) is the highest for over a decade.

More semi-detached homes in more than 20 years

Additionally, the number of semi-detached homes registered in 2015 (35,423) is the highest in more than 20 years (36,757 in 1994).

NHBC house types 2015

Growth in 9 out of 12 UK regions

The majority of UK regions experienced notable growth on 2014 levels, with the Eastern region (+23%), North West (+16%) and Scotland (+15%) leading the way.

The East Midlands (+12%), South West (+9%) and West Midlands (+9%) also enjoyed a positive year, as did Northern Ireland (+30%) although this was from a relatively low base.

London is still leading the way in the number of new home registrations. Although the 2015 figure of 25,994 registrations is down 9% on the record 2014 total of 28,518, 2015 saw the third highest number of registrations on record.

Yorkshire & the Humber is down 13% on 2014 and Wales is down 2% on 2014.

 

Commenting on the annual statistics, NHBC Chief Executive Mike Quinton, said:

“We are pleased to report that 2015 was a year for continued housing growth in the UK. Both the public and private sectors have performed well and we have seen encouraging levels of house-building across most regions of the country.

“There is still a way to go before we are building the levels of new homes that were seen before the economic downturn, but 2015 represents consolidation on the growth seen over the last three years.

“As always, NHBC’s mission is to ensure construction quality of the very highest standard in new homes and this emphasis on quality remains unwavering – particularly during such periods of increased activity and production that we have seen over recent years.”

 

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