Net housing supply up by 10%: DLUHC

In the year to March 2022, net housing in England supply rose to 232,820 - a 10% rise against the previous year with the vast majority coming from the new build sector, according to supply statistics released by the Department for Levelling Up, Housing and Communities.

Related topics:  Construction
Property Reporter
25th November 2022
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DLUHC data shows that 210,070 were new build homes, a 10% increase year on year, but 4% below their 2019-20 pre-pandemic peak.

However, the new build figure was 87% above the 2012-13 low of the prolonged economic downturn and accounted for 90% of the net change.

New build completions were highest in the South East at 37,060 and in London at 31,620. They were lowest in the North East - 8,840 – and Yorkshire and the Humber - 16,860.

The rest of the net supply resulted from 22,770 gains from a change of use between non-domestic and residential, 4,870 from conversions between houses and flats and 780 other gains, for example, caravans and houseboats. 5,680 demolitions offset these.

DLUHC’s data for 2021/22 showed that 10,303 of the homes were created through permitted development rights. These included 8,359 office-to-residential homes, 591 agricultural properties, and 138 storage-to-residential homes.

Net additions from conversions increased by 43% to 4,870.

The gross additions to the housing stock (238,500), according to the Home Builders Federation, represents, 740,000 jobs, including 8,000 graduate and apprenticeship positions, more than £40 billion in economic activity, £6.6 billion in funding for affordable homes, and £3 billion in tax revenue.

HBF had this to say: “Housing supply has doubled over recent years due to unprecedented investment from UK home builders and supported by the pro-growth policy environment prior to 2018.

“The construction of these energy efficient new build homes is saving homeowners thousands of pounds each year and the economic activity is also supporting close to one million jobs in the sector and associated supply chains.

“The numbers underline the need for government to re-engage with industry and address the anti-business and anti-development barriers now threatening future supply.”

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