London Has Largest New Homes

News at Newton Fallowell | 12/09/2019



 

  • The average size of a new build property has increased by 8% since 2010. This tallies with the construction data which shows there has been a shift towards building larger detached houses compared to flats over the last decade. However there are regional variations.
  • Despite pressures on land availability, new homes sold in London were actually larger than in any other region of England and Wales. The average size of a new flat sold in London at 787 square feet was 10% larger than the overall average. Meanwhile, new houses sold in London were 25% larger than average.
  • The North West had the smallest new build flats while the North East had the smallest new houses.
  • New EPC data has now been published which allows much more extensive research on the new build homes market.