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NHBC reports continued house-building growth in 2015

The number of new homes registered to be built in the UK has topped 156,000 in 2015 - a continued increase of 7% on the previous year, new NHBC figures have revealed.

  • 7% year-on-year increase in NHBC new home registrations
  • 156,140 new homes registered - representing 8 year high
  • 75% more new homes registered in 2015 than in 2009

In total, 156,140 new homes were registered by NHBC in 2015 - compared to 146,359 in 2014. The figures show NHBC registered 75% more new homes in 2015 than it did at the time of the housing crash in 2009.

Private sector registrations increased by 7% (118,611 in 2015; 110,674 in 2014), with the public sector increasing by 5% (37,529 in 2015; 35,685 in 2014). The figures also showed that NHBC registered 75% more new homes in 2015 than it did at the time of the housing crash in 2009.

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. 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's latest data also revealed that 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.

As the leading warranty and insurance provider for new homes in the UK, NHBC's registration statistics are the lead indicator of the health of the country's new homes market. For over 80 years, NHBC has been committed to driving up quality and raising standards in house-building and enjoys an 80% plus market share in UK new home warranties.

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.

"The detached home continues its resurgence, with our figures showing that house builders are building the highest number of detached properties for over a decade, with semi-detached homes also at their highest level in more than 20 years.

"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."

NHBC UK statistics for 2015 show that:

In 2015 the number of registrations was 156,140, a 7% increase on last year (146,359). Of these:

  • Private sector registrations in 2015 increased by 7% (118,611), compared with the same period in 2014 (110,674).
  • Public sector registrations in 2015 increased by 5% (37,529) when compared to 2014 (35,685).

Full regional breakdown of total new homes registered 2015 by region/country:

Region

2015

2014

England - Regions

 

 

North East

5,822

5,346

North West

13,568

11,673

Yorkshire & the Humber

7,633

8,785

West Midlands

13,478

12,330

East Midlands

13,236

11,838

Eastern

16,871

13,661

South West

15,725

14,389

Greater London

25,994

28,518

South East

23,149

21,394

Totals for England

135,476

127,934

Scotland - Councils

12,755

11,138

Wales - Unitary Authorities

4,686

4,800

Northern Ireland - Counties

3,223

2,487

Totals for UK

156,140

146,359

 

NHBC's role is to support the industry in maintaining and improving the build quality of new homes for homebuyers, whilst providing the benefit of its 10-year Buildmark warranty protection, when required.

NHBC does this through a wide range of activities, from standards setting through technical support to warranty and insurance.

NHBC is a non-profit distributing organisation with no shareholders. It invests any surplus into activities that improve new homes further, in particular through its research arm, the NHBC Foundation.

NHBC is the leading warranty and insurance provider for new homes in the UK. NHBC's ten-year Buildmark warranty covers around 80 per cent of new homes built in the UK, having covered nearly eight million homes since it began and currently protecting around 1.6 million homes.

 

Further information and charts:

 

NHBC Media Contacts

James Hall | 01908 746 738 | 07435 786 851
Nadia Bedra | 01908 746 734 | 07501 226 656

News Date: 28/01/16