Demand for detached
10th January 2024
The latest data shows over 900,000 property transactions across England and Wales took place in the last 12 months. Terraced houses continue to have the highest volume of sales but 2023 has seen a sudden change for detached and semi-detached houses.
12 months ago, semi-detached houses accounted for 28% of sales and detached houses 22%. By the end of the year, the proportion of detached house sales had increased by 3.7% and semi-detached houses had decreased by 3.0%.
Price growth has remained fairly flat and so this shift is worthy of more analysis. It could indicate a number of things, such as a growing preference for larger homes or a more optimistic economic outlook, and is worth monitoring over the next few months.
According to Zoopla, a typical detached house with at least 4 bedrooms stays on the market for 47 days before the sale is agreed, in contrast to the national average of 34 days.
Source: #Dataloft, Zoopla, HMRC, Land Registry (12 months to November 2023)
Hardship Funds and Hot Water Bottles: Ways You Didn’t Know You Could Save (or Make) Money This January
5th January 2026
January Blues and Making Your Money Stretch January can be a difficult month for students. After the cost of Christmas,…
End of year roundup
19th December 2025
As we reach the end of the year it feels like the perfect moment for the obligatory ‘look back on…
How landlords can prepare for 2026
19th December 2025
As we move into 2026, a number of important legal, regulatory and tax changes are set to reshape the private…
