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Knowledge Base Return to Main Website > Knowledge Base Home Page > House Price Index | Contact Us

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Browse "House Price Index" Questions
There were 19 questions found in this category:

  1. What is the Land Registry House Price Index?
    The Land Registry House Price Index (HPI) captures changes in the value of residential properties. T...
     
  2. What is the purpose of the HPI?
    The HPI is a measure of the movement of residential house prices in England and Wales. It serves as ...
     
  3. How often is the Land Registry HPI be released?
    The HPI is normally published on the 20th working day of every month. The report includes data up to...
     
  4. How far does the data go back to?
    The HPI is available from January 1995 onwards.
     
  5. Why have you extended the HPI to include data from January 1995 to March 2000?
    The greater data sample size reduces the volatility of the index, particularly at county and distric...
     
  6. Have any other changes been made?
    To accommodate the change in time-span, the index has been rebased to a starting level of 100 in Jan...
     
  7. Why is Land Registry's Index different from others on the market?
    Land Registry’s House Price Index uses a sample size that is larger than all other statistical measu...
     
  8. How many properties are compared?
    The HPI is calculated by using Land Registry's own 'Price Paid Dataset'. This is a record of all re...
     
  9. How are the standardised average prices calculated?
    The standard average house price presented by Land Registry is calculated by taking the average (geo...
     
  10. Why is the HPI revised each month?
    Historical data published as part of the HPI are revised primarily for two reasons:Data capture lagT...
     
  11. Is the HPI adjusted for seasonality?
    Yes, the Land Registry HPI is designed to remove the influence of seasonal variations on house price...
     
  12. Is the Land Registry HPI adjusted for inflation?
    The HPI measures nominal house price changes and is not adjusted for inflation. Users of the HPI ca...
     
  13. What regions are covered by the HPI?
    The index provides information for each of the ten Government Office Regions (GORs) of England and W...
     
  14. What do the reported 'monthly' and 'annual' price changes mean?
    The ‘annual’ percentage change in house prices is simply the price change relative to the same month...
     
  15. What data is used in the Land Registry HPI?
    The Land Registry HPI is derived from all residential property transactions registered with Land Reg...
     
  16. How is the HPI calculated?
    The HPI is a repeat sales regression (RSR) index, measuring average price changes in repeat sales on...
     
  17. Can the data be re-published?
    Yes, but not for commercial purposes. No part of the HPI may be reproduced in any form or for any p...
     
  18. Why are small local authority districts and postcode sectors not shown on the HPI?
    Because of the small volume of sales for these areas, the HPI would not always provide a reliable me...
     
  19. Why did you stop publishing the quarterly property price reports?
    Land Registry published a quarterly report of simple average prices from 1995 to 2006. Although the ...
     


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