Annual New Build Dwellings were up 1 per cent according to the latest statistics from the Ministry of Housing, Communities and Local Government (MHCLG).
Since 2003-04, the number of annual new build dwelling starts increased until reaching a peak in 2007. During the period of 2007 to 2009 starts then fell rapidly during the downturn but since then figures have been rising and in the past two years new build starts have averaged around 160,000 per year.
In the year ending March 2019, there were 162,000 new build dwellings started, which is a 1 per cent increase compared to the year ending in March 2018.
Completions increased in 2003-04 until reaching a peak of 176,600 in 2007. Completions then fell gradually during the period of 2008 – 2010. However, completions have now gradually increased and for the past two years, there have been an average of 165,000 completions.
In the year ending March 2019, 170,000 new build dwellings were completed, which is an increase of 6 per cent compared to last year.
Geographically, there are high rates of new build starts per 1000 dwellings in local authorities. Eastleigh, Harborough and South Derbyshire were highlighted in the highest rates of starts in the past year. Just over half of all authorities throughout England saw an increase in buildings starting. Yet, the highest difference was in London, which saw the greatest increases and decreases start levels. (See Figure 8 in image above)
Not surprisingly, the highest number of completions follow starts with the highest rates of completions being in the City of London, South Derbyshire and Corby. The geographic spread is very mixed throughout England. (See Figure 9 in image above)
Energy Performance Certificates (EPCs)
On a similar note, EPCs were found to be increasing since last year. The amount of EPCs lodged for new dwellings have been steadily increasing since 2012-13, and in the year ending March 2019, there were 245,000 new dwelling EPCs lodged which is an increase of 13 per cent on the previous year.
After reading these statistics, ATTMA members should feel that there is a demand for their services due to the number of new dwellings that are being started and completed.