Land Registry reveals house price data

Brits considering building a conservatory or kitchen extension to add value to their house may be interested to hear the latest figures from the Land Registry.

According to the statistics, residential prices in all areas experienced a rise in value over the last month.

The 1.7 per cent positive change seen in England and Wales is the largest monthly growth for five years.

It marks the third consecutive month of positive movement in the market and was apparent across the rest of the UK.

However, a year-on-year drop of 11.7 per cent means the average home is how worth around £155,885.

Those in the north-east have been worst affected, with a 13.2 per cent fall in value between July 2008 and the same month this year.

Meanwhile there was a 34 per cent year-on-year fall in sales in May 2009 – the most recent month for which figures are available.

In other news, Sainsburys Finance recently revealed a loft conversion to be the most popular structural change planned to a house, followed by a side extension.