Housebuilders deliver bigger homes with more bedrooms says Home Builders Federation analysis
Housebuilders are delivering bigger homes with more bedrooms according to new analysis from the Home Builders Federation.
Its report Goodness Spacious Me shows that the number of bedrooms built increased from 385,000 in 2008/09 to 478,000 in 2015/16, largely as a result of the shift to building more family homes, with the average size of new-build homes increasing by nearly 15% from an estimated 801 sq ft to 918 sq ft.
Over the same period the percentage of flats built dropped from 50% of the new homes in 2008/9 to just 25%, while the number of houses increased from, 80,000 to 120,000.
The report underlines how housing supply has rebounded since the financial crash of 2008/09, with the industry rapidly increasing the number and type of homes it has built to better match demand.
Stewart Baseley, executive chairman of the Home Builders Federation said: “The report illustrates the huge increase we have seen in house building since the devastating economic crash of 2008/09 but this is more than just a numbers game.
“We have an acute housing crisis that can only be solved by building more of the right homes in the right places. Government policy has allowed the industry to focus on responding to the needs of buyers in this regard and, as a result, the industry has delivered huge increases in supply over the last three years. The industry is planning to deliver further increases in output. By addressing the entrenched problems with planning and developing further positive policies to promote development the Government can help maintain this momentum.”