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• Average house price in England and Wales now 拢172,011 compared with the peak of 拢181,466 in November 2007
• Annual growth of 6.4 per cent in June
• The June data shows no change in monthly price
• 898 repossessions in England & Wales during April 2014
• Over 78,530 residential properties in England and Wales lodged for registration in June ranging from 拢11,500 to 拢20,150,000

The June data from Land Registry鈥檚 House Price Index shows an annual price increase of 6.4 per cent which takes the average property value in England and Wales to 拢172,011. There is no monthly change from May to June. Repossession volumes decreased by 30 per cent in April 2014 to 898 compared with 1,285 in April 2013.

• The region in England and Wales which experienced the greatest increase in its average property value over the last 12 months is London with a movement of 16.4 per cent
• West Midlands experienced the greatest monthly rise with a movement of 1.9 per cent
• North East saw the lowest annual price growth with a movement of 0.8 per cent
• Yorkshire & The Humber saw the most significant monthly price fall of 1.3 per cent
• The most up-to-date figures available show that during April 2014 the number of completed house sales in England & Wales increased by 31 per cent to 66,659 compared with 51,022 in April 2013
• The number of properties sold in England and Wales for over 拢1 million in April 2014 increased by 39 per cent to 1,028 from 740 in April 2013
• The region with the greatest fall in repossession sales in April 2014 was the West Midlands

Region	Monthly change since May 2014	Annual change since June 2013	Average price June 2014
West Midlands	1.9%	4.7%	拢135,228
South East	0.6%	7.8%	拢228,109
London	0.1%	16.4%	拢437,608
England and Wales	0.0%	6.4%	拢172,011
Wales	-0.3%	2.7%	拢117,440
North West	-0.4%	2.2%	拢109,905
East	-0.4%	7.9%	拢187,820
South West	-0.9%	5.4%	拢180,880
East Midlands	-1.0%	6.4%	拢129,030
North East	-1.0%	0.8%	拢98,555
Yorkshire and The Humber	-1.3%	3.4%	拢118,699

Average price by property type 2014 to 2013

Average price by property type (England and Wales)	June 2014	June 2013	Difference (%)
Detached	拢270,496	拢256,225	5.6%
Semi-detached	拢162,545	拢153,092	6.2%
Terraced	拢129,486	拢121,822	6.3%
Flat/maisonette	拢164,967	拢153,289	7.6%
All	拢172,011	拢161,716	6.4%

Sales volumes 2013 to 2012

Month	Sales 2013 England and Wales	Sales 2012 England and Wales	Difference
January	43,389	43,785	-1%
February	45,252	44,874	1%
March	54,724	61,379	-11%
April	51,022	43,281	18%
May	66,312	52,560	26%
June	66,089	59,901	10%
July	73,694	59,181	25%
August	79,482	65,055	22%
September	69,884	52,896	32%
October	77,120	59,251	30%
November	83,304	63,997	30%
December	79,820	56,728	41%
Total	790,092	662,888	19%

Sales volumes 2014 to 2013

Month	Sales 2014 England and Wales	Sales 2013 England and Wales	Difference
January	65,480	43,389	51%
February	64,739	45,252	43%
March	65,837	54,724	20%
April	66,659	51,022	31%

Repossessions by region 2014 to 2013

Repossessions by region	April 2014	April 2013	Difference
East	76	103	-26%
East Midlands	74	123	-40%
London	72	106	-32%
North East	23	39	-41%
North West	238	277	-14%
South East	85	142	-40%
South West	65	89	-27%
Wales	74	86	-14%
West Midlands	86	151	-43%
Yorkshire and The Humber	105	169	-38%
All	898	1,285	-30%

The Price Paid Data includes details of over 78,530 residential property sales in England and Wales lodged for registration in June 2014. The most expensive sale in June 2014 was located in Knightsbridge, London SW1 and sold for 拢11.75m. The cheapest sale in June 2014 was located near Choppington in Northumberland and sold for 拢11,500.

Access the full dataset

Notes to editors

1. Market Trend Data is published on the twentieth working day of each month. The July House Price Index (HPI) and Price Paid data set will be published at 9.30am on Friday 29 August 2014.

2. A calendar with release dates of the headline figure and the full HPI is available at www.gov.uk/government/publications/about-the-house-price-index.

3. Publication of the Transaction Data has moved so that it is now available on the fifteenth working day of the month. This means that the June transaction dataset will be published on 21 August 2014 at 11am.

4. The HPI uses a sample size that is larger than all other statistical measures available. It is calculated using Land Registry鈥檚 dataset of all residential property sales completed in England and Wales since January 1995.

5. Land Registry鈥檚 dataset contains details on over 19 million residential transactions. Of these, over 7 million are identifiable matched pairs, providing the basis for the repeat sales regression analysis used to complete the index. This technique of quality adjustment ensures an 鈥渁pples to apples鈥� comparison between properties.

6. The adjusted headline statistics for England and Wales on p14 of the monthly HPI report include additional repossession data.

7. The repossession data is based on the number of transactions lodged with Land Registry by lenders exercising their power of sale. Once we have identified these transactions, we extract the price paid information from the related register entry.

8. Although the HPI goes back to January 1995, we have only been recording repossessions comprehensively since 2006. This means that historic repossession data is not available prior to January 2006. See About the House Price Index for more information.

9. HPI background tables are available as Open Data in Excel and CSV formats and in machine readable format as linked data. They are available for free use and re-use under the .

10. Price Paid Data is residential property price data for all the residential property sales in England and Wales that are lodged with us for registration in that month. The following information is available for each property:

• the full address
• the price paid
• the date of transfer
• the property type
• whether it is new build or not
• whether it is freehold or leasehold

11. Price Paid Data can be downloaded in CSV format and in a machine readable format as linked data. It is available for anyone to examine or re-use free of charge under the .

12. As a government department established in 1862, executive agency and trading fund responsible to the Secretary of State for Business, Innovation and Skills, Land Registry keeps and maintains the Land Register for England and Wales. The Land Register has been an open document since 1990.

13. With the largest transactional database of its kind detailing around 24 million titles, Land Registry underpins the economy by safeguarding ownership of many billions of pounds worth of property.

14. For further information about Land Registry visit www.gov.uk/land-registry.

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