House building, Q1 2018

There were 1,850 new dwellings completed in Buckinghamshire in the year to the end of March 2018, representing 0.8 per cent of existing stock, the 11th highest house building rate of the 27 county councils, ranking 10th among the 38 Local Enterprise Partnerships (LEPs).

This was the 6th highest four quarter total on record, well above the averages since 2002 and the 2008 recession of 1,565 and 1,585 respectively.  Completions from January to March fell to 390, the lowest of any quarter since June 2016.

Starts were at record levels, with construction beginning on 2,070 new homes in the last year, representing 0.9 per cent of stock, bettering the national rate of growth to rank 7th and 5th respectively among county council areas and LEPs.

Aylesbury Vale has had the 21st highest house building rate of all 326 local authorities in England in the last year, completing 1,180 new homes, or 1.5 per cent of stock, and starting 1,450 (1.8 per cent) to rank 8th.  From 2014 to 2017, Aylesbury Vale has increased its housing stock by 3,940, or 5.3 per cent, the 5th highest rate of increase among all 326 local authorities in England.  Only 26 local authorities in England have built more homes than Aylesbury Vale since 2014 despite it having only the 102nd largest housing stock.

In 2017, 63.8 per cent of Buckinghamshire’s new build housing growth was located in Aylesbury Vale, rising to 70.0 per cent of starts. 

Table 1: Dwellings completed and started in the year to Q1 2018

Source: MHCLG, 2018 (live tables 100 & 253a)

At the national level, completions rose 8.0 per cent compared to the previous year, reaching 160,470, despite completions in the quarter falling 23.5 per cent compared to the previous quarter and 7.1 per cent compared to the first quarter of 2017.

If national house building matched Buckinghamshire’s rate, 201,180 new homes would have been built in the last year, equating to more than a million over a Parliament.  If England had matched Aylesbury Vale’s rate, 359,950 homes would have been built in the last year.

The raw data are available here >

Table 2: Dwellings completed in years ending Q1 over time

Source: MHCLG, 2018 (live tables 100 and 253a)

Table 3: Dwellings started in year ending Q1 over time

Source: MHCLG, 2018 (live tables 100 and 253a)

Table 4: Dwellings completed and started by LEP in year to Q1 2018

Source: DCLG, 2018 (live tables 100 and 255a)


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