Latest Economic Data December 2014 Release Table of Contents (Clickable links) 1.
Industry Statistics ........................................................................................................3 Gas Boilers..................................................................................................................................................................... 3 Hot Water Storage Cylinders ........................................................................................................................................ 3 Radiators ....................................................................................................................................................................... 3 Solar Thermal Panels..................................................................................................................................................... 4 Smart Meter Installations ............................................................................................................................................. 4 Charts – Gas Boilers ...................................................................................................................................................... 5 Charts – Hot Water Storage Cylinders .......................................................................................................................... 7 Charts – Radiators ......................................................................................................................................................... 9 Charts – Solar Thermal Panels .................................................................................................................................... 10 Charts – Smart Meter Installations ............................................................................................................................. 12
2.
Macroeconomic Statistics ......................................................................................... 13 Housing ....................................................................................................................................................................... 13 Consumer Sector ......................................................................................................................................................... 13 Macroeconomic Indicators ......................................................................................................................................... 14 Energy Prices ............................................................................................................................................................... 15 Manufacturing Sector ................................................................................................................................................. 15 Charts – Housing ......................................................................................................................................................... 17 Charts – Consumer Sector........................................................................................................................................... 20 Charts – Macroeconomic Indicators ........................................................................................................................... 23 Charts – Manufacturing Sector ................................................................................................................................... 25
3.
Government Scheme Statistics ................................................................................. 27 Non-Domestic RHI Applications .................................................................................................................................. 27 Domestic RHI Applications .......................................................................................................................................... 27 Boiler Installations ...................................................................................................................................................... 27
Green Deal Finance ..................................................................................................................................................... 28 Green Deal Assessments and Plans ............................................................................................................................ 28 Charts – Non-Domestic RHI Applications .................................................................................................................... 30 Charts – Domestic RHI Applications ............................................................................................................................ 31 Charts – Boiler Installations ........................................................................................................................................ 32 Charts – Green Deal Finance ....................................................................................................................................... 33 Charts – Green Deal Assessments and Plans .............................................................................................................. 34 4.
Regional Housing Statistics ...................................................................................... 36 Regional House Prices ................................................................................................................................................. 36 Regional Housing Starts and Completions .................................................................................................................. 36
5.
Notes, Sources and Descriptions .............................................................................. 39
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1. Industry Statistics Gas Boilers
Gas boiler sales in November fell by 13.4% in comparison with November 2013. This fall is partly attributable to the 29,094 boiler sales made through the Energy Company Obligation (ECO) in November 2013, compared with only 5,817 sales through ECO in November 2014. There were 1.53 million gas boilers sold in the year-to-date, an increase of 0.6% over this point last year. Sales on a 12-month rolling basis grew by 1.15%. November
2014
2013
Combi
122,003
139,327
System
11,515
Regular Total
Year-to-date % change
% change
Previous 12 months December 2013 December 2012 - November - November 2014 2013
% change
2014
2013
-12.4%
1,175,227
1,166,554
0.7%
1,274,017
1,258,755
1.2%
12,304
-6.4%
121,120
112,674
7.5%
129,443
120,102
7.8%
23,611
29,856
-20.9%
234,365
242,435
-3.3%
255,405
261,143
-2.2%
157,129
181,487
-13.4%
1,530,712
1,521,663
0.6%
1,658,865
1,640,000
1.2%
Hot Water Storage Cylinders
Sales of storage cylinders fell by 0.8% in comparison with November 2013. Sales for the year-to-date are 1.3% ahead of the equivalent period in 2013. November
Conventional Renewable Total
2014
2013
40,254
40,340
2,798 43,052
Year-to-date % change
% change
Previous 12 months December 2013 December 2012 - November - November 2014 2013
% change
2014
2013
-0.21%
421,302
413,607
1.86%
447,553
438,065
2.17%
3,045
-8.11%
31,000
32,938
-5.88%
32,890
35,241
-6.67%
43,385
-0.77%
452,302
446,545
1.29%
480,443
473,306
1.51%
Radiators
Radiator sales in November 2014 were 4.2% lower than sales in November 2013. However, sales on an annual basis were 5.76% higher than in in the relevant preceding months. Year-to-date sales increased by 5.98% over last year. November
Radiators
2014
2013
593,002
619,073
Year-to-date % change -4.21%
2014
2013
5,778,369
5,452,475
% change 5.98%
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Previous 12 months December 2013 December 2012 - November - November 2014 2013 6,153,265
5,818,112
% change 5.76%
Solar Thermal Panels
Sales of solar thermal panels continued to fall in November. A total area of 1708 m2 sold represented a 35% decrease over the 2628 m 2 sold in November 2013. November
Flat Plate Vacuum Total
Year-to-date
% change
2014
2013
Previous 12 months
% change
December 2013 November 2014
December 2012 - November 2013
% change
2014
2013
1,412.5
1,871.7
-24.54%
23,733.7
26,214.3
-9.46%
25,241.2
27,877.8
-9.46%
295.1
756.5
-60.99%
5,679.2
7,681.5
-26.07%
6,221.5
8,032.8
-22.55%
1,707.6
2,628.3
-35.03%
29,412.9
33,895.8
-13.23%
31,462.7
35,910.6
-12.39%
Smart Meter Installations
A total of 129,743 smart meters were installed in Quarter 3 of 2014. This figure represents a 40% increase over Quarter 3 2013 and the highest number of domestic installations in any quarter. Of these, 59% were electricity smart meters and 41% gas smart meters.
November
Year-to-date % change
2014
2013
Electric
76,061
57,632
31.98%
Gas
53,682
35,190
52.55%
Total
129,743
92,822
39.78%
Previous 12 months December 2013 December 2012 - November - November 2014 2013
2013
% change
197,441
115,766
70.55%
253,044
117,437
115.47%
128,275
81,283
57.81%
168,005
82,853
102.77%
325,716
197,049
65.30%
421,049
200,290
110.22%
2014
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% change
Charts – Gas Boilers
Total Monthly Boiler Sales 200000
Total Boiler Sales 180000
Monthly Boiler Sales
Total Sales Minus Sales through ECO 160000
140000
120000
100000
80000
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Boiler Sales by Type (Nov 2014 YTD)
Combi
System
Regular
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Charts – Hot Water Storage Cylinders
Total Monthly Hot Water Storage Cylinder Sales 60000
Hot Water Storae Cylinder Sales
50000
40000
30000 Total Renewable Conventional
20000
10000
0
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Hot Water Storage Cyclinder Sales by Type (Nov 2014 YTD)
Conventional
Renewable
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Charts – Radiators
Monthly Radiator Sales 700000
650000
600000
Sales
550000
500000
450000
400000
350000
300000
9
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Charts – Solar Thermal Panels
Monthly Solar Thermal Panel Sales 5000.0000
4500.0000
4000.0000
3500.0000
m²
3000.0000
2500.0000
2000.0000
1500.0000
1000.0000
500.0000
0.0000
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Solar Thermal Panels Sales by Type (YTD Nov 2014)
Flat Plate
Vacuum
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Charts – Smart Meter Installations
Smart Meter Installations 140000
120000
Installations
100000
80000
60000
40000
20000
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013 Electric
Q4 2013 Gas
Total
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Q1 2014
Q2 2014
Q3 2014
2. Macroeconomic Statistics Housing
Seasonally adjusted housing starts in England were estimated at 32,890 for Quarter 3 2014, an increase of 0.9% over Quarter 3 2013. Seasonally adjusted completions for Q3 2014 were 31,190, an increase of 8.5% over 28,740 in Q3 2013. The price of the average UK house rose to £189,388 in November, signalling annual house price growth of 8.5% compared with November 2013. Monthly house price growth fell to 0.3%, signalling a slight slowdown of the growth seen in the first 10 months of the year.
The number of property transactions declined by 0.8% compared to November 2013.
Gross mortgage lending reached £16.9 billion in November, marking a slight reduction in the £16.92 billion seen in November last year. Lending for the year-to-date is 7.7% higher than at this point last year.
British construction activity (as measured by Markit/CPIS) in November increased at the slowest rate since mid-2013. The UK construction purchasing managers’ index* (PMI) fell to a seasonally adjusted 59.4 from a reading of 61.4 in October. *A PMI value of more than 50 represents expansion of the sector, anything below 50 signifies a contraction. November
Year-to-date % change
2014
2013
Starts*
32,890
32,600
0.89%
106,290
92,000
15.53%
Completions*
31,190
28,740
8.52%
89,480
81,060
10.39%
378.3
348.8
8.5%
£189,388
£174,566
8.5%
98,490
99,320
-0.8%
£16,900
£16,924
-0.14%
£189,589
£175,973
7.74%
59.4
62.6
House price index* Average House Price (£) Transactions** Gross mortgage lending £m UK PMI (Construction)
2014
2013
% change
Consumer Sector
UK consumer confidence remained unchanged at -2 in November, representing the 8th consecutive month of little movement in consumer confidence. Experts have predicted that this trend could continue until after the 2015 General Election. Retail sales value showed strong growth in November. The value of sales excluding fuel rose 5.23% compared with November last year. On a monthly basis they rose by 1.4%; largely driven by increased spending as a result of Black Friday.
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New car sales (rolling-year total) grew for the 33rd consecutive month in November. Monthly sales were 172,327, up 8% from November 2013.
Inflation on a monthly basis was negative in November, as measured by both the Consumer Price Index (CPI) and Retail Price Index (RPI). It is thought that the fall in prices is partly attributable to lower commodity prices, stemming from weaker demand in the emerging economies. Annual inflation (CPI) fell to a 12-year low of 1% in November, suggesting that the Bank of England is unlikely to raise interest rates until at least the autumn 2015.
November 2014 Consumer confidence
2013
2014 % change
November
October
-2
-2
Monthly % change
-2
-12
Retail sales value including fuel
110.1
105.5
4.36%
110.1
108.5
1.47%
Retail sales value excluding fuel
112.7
107.1
5.23%
112.7
111.2
1.35%
New car sales
172,327
159,581
7.99%
Inflation - CPI
128.2
127
0.94%
128.2
128.5
-0.23%
Inflation - RPI
257.1
252.1
1.98%
257.1
257.7
-0.23%
Macroeconomic Indicators
GDP in Quarter 3 grew 0.7 % quarter-on-quarter, and 3% on an annual basis.
GDP per capita showed strong growth on a quarterly basis, with annual growth of 1.8%.
Unemployment levels remain unchanged on a monthly basis at 6%, representing a significant reduction from 7.2% at this point last year.
The rate of economic inactivity in October rose to 22.3% compared with 22.2% in September.
UK national debt rose by 6.6% in the past 12 months, reaching £1.457 trillion by the end of November. Despite solid GDP growth, falling income tax receipts hindered the government’s attempts to reduce the deficit.
Net public debt as a percentage of GDP rose by 1.3 percentage points in the last 12 months, reaching 79.5%. This is an increase over the 78.3% forecast in the 2013 Autumn Statement. Despite some deleveraging in the past year, high levels of household and nonfinancial corporation debt remain a significant worry for the UK economy - UK private debt as a percentage of GDP fell from 176% in Q2 2013 to 162% in the same quarter this year. The Office for Budget Responsibility does not expect this downward trend to continue; forecasts for 2015 onwards show an increase in private debt levels.
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November Q3
Q2
2.99%
£428,349
£425,437
0.68%
£6,478
1.81%
£6,595
£6,545
0.76%
6
7.2
-16.67%
22.3
22.3
0.00%
**October 2014 is most recent available data
£1,457
£1,368
6.56%
*** Quarter 2 is most recent available data
Net Public debt (% of GDP)
79.5
78.2
1.66%
Net Private debt (% of GDP)***
162
176
-7.95%
Real GDP (CVM, £m)* Real GDP per capita (CVM, £)* Unemployment rate (%) ** Economically inactive rate (%) ** Net debt (£bn)
2014
2013
£428,349
£415,915
£6,595
2014 % change
Quarterly growth
* Quarterly data
Energy Prices
Domestic electricity prices rose by 2.8% in real terms between Q3 2014 and Q3 2013. Domestic gas prices rose by 3.4% in this period. Quarter-on-quarter prices for both gas and electricity fell by 0.9%.
November 2014
2013
2014 % change
Q3
Q2
Quarterly growth
Gas*
127.1
123.6
2.83%
127.1
128.3
-0.94%
Electricity*
118.2
114.3
3.41%
118.2
119.3
-0.92%
Manufacturing Sector
“Factory gate inflation” as measured by PPI Output fell 0.1% in the year to November This fall was largely driven by a 7.8% decrease in the price of petroleum products and a reduction of 3.2% in the output price of food products.
Manufacturing input prices fell 8.8% in the last 12 months, with a decrease of 1% between October and November 2014. As with the output measure, this decrease is mostly a result of falling oil prices and food materials.
Eurozone PMI fell from 50.6 in October to 50.1 in November, bringing the currency union very close to the contractionary level. The Eurozone was helped by strong expansion in Spain (54.7), whilst being dragged down by sub50 PMI in Italy, Germany and France. UK PMI rose slightly in November to 53.5 from 53.3 in October. Despite failing exports to the Eurozone and emerging markets, the UK manufacturing sector continued to expand, thanks to strong domestic demand.
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November 2014
2013
2014 % change
November
October
Monthly % change
Inflation - PPI (Output)
108.2
108.3
-0.09%
108.2
108
0.19%
Inflation - PPI (Input)
104.8
114.9
-8.79%
104.8
105.9
-1.04%
UK PMI (Manufacturing)
53.5
58.4
53.5
53.3
Eurozone PMI (Manufacturing)
50.1
51.6
50.1
50.6
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Charts – Housing
Quarterly Housing Starts and Completions 40000
35000
30000
Quarterly Total
25000
20000
15000
10000
5000
0 Q4 2012
Q1 2013
Q2 2013
Q3 2013 Housing Starts
Q4 2013 Housing Completions
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Q1 2014
Q2 2014
Q3 2014
Average House Price £195,000
£190,000
£185,000
Average House Price
£180,000
£175,000
£170,000
£165,000
£160,000
£155,000
£150,000
£145,000
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UK Construction PMI 70
65
PMI
60
55
50
45
40
Axis Title
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Charts – Consumer Sector
Consumer Confidence 5
0
-5
Confidence
-10
-15
-20
-25
-30
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Nov-14
Aug-14
May-14
Feb-14
Nov-13
Aug-13
May-13
Feb-13
Nov-12
-35
Retail Sales Value 114
112
110
108
Index
106
104
102
100
98
96
Retail sales value including fuel
Retail sales value excluding fuel
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Consumer Inflation 129.0
260
258 128.0 256
254
127.0
252 126.0
CPI
RPI
250
248 125.0 246 124.0
244
242 123.0 240
122.0
238
Inflation - CPI
Inflation - RPI
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Charts – Macroeconomic Indicators
Unemployment and Inactivity 9
22.7
8
22.6
22.5
7
22.4
22.3 5 22.2 4 22.1
3 22 2
21.9
1
21.8
0
21.7
Unemployment rate (%)
Economically inactive rate (%)
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Inactivity Rate
Unemployment Rate
6
Net Public Debt 81
80
79
% of GDP
78
77
76
75
74
73
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Charts – Manufacturing Sector
Manufacturing Inflation 125
120
Index
115
110
105
100
95
Inflation - PPI (Output)
Inflation - PPI (Input)
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Manufacturing PMI 60
58
56
54
PMI
52
50
48
46
44
42
40
UK PMI - Manufacturing
Eurozone PMI
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3. Government Scheme Statistics Non-Domestic RHI Applications
As at 30th November 2014, a total of 9,285 full applications to join the Non-Domestic Renewable Heat Incentive (RHI) scheme had been made. Of these, 246 were made in November 2014; this was 5.75% lower than the same month last year. Non-Domestic RHI applications for the year-to-date are 116% higher than at this point in 2013. This growth has partially been the result of spikes in applications during June and September 2014 (1,118 and 1,637 applications respectively); both of these spikes are thought to have been caused by degression announcements in the preceding months. November 2014 Non-Domestic RHI Applications
2013
246
261
Year-to-date Total-todate
% change -5.75%
9,285
2014
2013
% change
5,307
2,458
115.91%
Domestic RHI Applications
Domestic RHI Applications continued to see encouraging levels of growth in November. A total of 4,423 new applications were made in November, compared with 3,228 in October. Growth in the number of Biomass applications was particularly strong, seeing an increase of 44% over October’s figures. 2014 Monthly % change
November
October
ASHP
1,435
1051
36.54%
GSHP
292
223
30.94%
1,960
1360
44.12%
736
594
23.91%
4,423
3,228
37.02%
Biomass Solar Thermal Total
Boiler Installations
November 2014 saw a 10.7% increase in boiler installations through the Green Deal (GD) and Energy Company Obligation* (ECO) schemes, in comparison with October 2014. Boiler installations made through the Green Deal Home Improvement Fund (GDHIF) fell in November, as the effects of GDHIF release 1 waned. GDHIF release 2 commenced on 10th December 2014. Data on measures installed from the second phase will be available towards the end of Q1 2015. *Measures installed through ECO are at a lag of one month compared to other figures, due to the increased reporting and verification time.
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2014 Monthly % change
Total-todate
November
October
317
265
19.62%
1,881
5,817
3,997
45.53%
27,277
GDHIF Boiler
233
825
-71.76%
2,199
GDHIF FGHR
218
793
-72.51%
2,126
GD Cashback
0
68
-100.00%
12,379
6,585
5,948
10.71%
45,862
GD Finance ECO
Total
Green Deal Finance
Up to the end of November 2014, 7,939 measures have been installed using Green Deal Finance (GDF), with 1,060 installations made in November. Boilers and photovoltaics (included within the Micro-generation figure) accounted for nearly twothirds of new installations in November. 2014
Boilers Cavity Wall Insulation Loft Insulation Micro-generation Other Heating Other Insulation Solid Wall Insulation Window Glazing Total
Monthly % change
November
October
317
265
19.62%
5 102 309 120 68 137 2 1,060
16 136 377 146 454 194 3 1,591
-68.75% -25.00% -18.04% -17.81% -85.02% -29.38% -33.33% -33.38%
Total-todate 1,881 298 771 2,290 639 741 1,307 12 7,939
Green Deal Assessments and Plans
The number of Green Deal Assessments passed the 400,000 mark in November 2014. The 32,734 GD Assessments in November showed a 1.5% decrease in comparison with October (33,191). Despite this decrease, the number of assessments in November is the third highest monthly total, only surpassed by October and July 2014 (37,193).
Up to the end of November 2014, there were 8,133 GD plans in the system, an increase of 13% from the 7,207 plans at the end of October 2014.
Of these plans, 28% are in their first stage (“New Plans” – quote accepted), 23% are in the second stage (“Pending Plans” – Plan signed) and the remaining 49% are in the final stage (“Live Plans” – all measures installed).
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2014
GD Assessments New Plans Pending Plans Live Plans Total Plans
Year-to-date
November 32,734
October 33,191
Monthly % change -1.38%
2,285 1,887 3,961 8,133
448 572 458 1,478
410.04% 229.90% 764.85% 450.27%
Total-todate 422,436
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2014 292,609
2013 117,443
% change -59.86%
Charts – Non-Domestic RHI Applications
Non-Domestic RHI Applications 10,000
9,000
8,000
Numner pf Applications
7,000
6,000
5,000
4,000
3,000
2,000
1,000
0
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Charts – Domestic RHI Applications
Domestic RHI Applications by Technology
ASHP
GSHP
Biomass
Solar Thermal
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Charts – Boiler Installations
Boiler Installations by Measure
GD Finance
ECO
GDHIF Boiler
GDHIF FGHR
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GD Cashback
Charts – Green Deal Finance
Green Deal Finance 9000
Number of Measures Installed (Cumulative)
8000
7000
6000
5000
4000
3000
2000
1000
0 Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Axis Title Boilers
Cavity Wall Insulation
Loft Insulation
Micro-generation
Other Heating
Other Insulation
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Solid Wall Insulation
Window Glazing
Charts – Green Deal Assessments and Plans
Monthly Green Deal Assessments 40000
35000
Number of Assessments
30000
25000
20000
15000
10000
5000
0
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Green Deal Plans 4500
4000
3500
Number of Plans
3000
2500
2000
1500
1000
500
0 May-13 Jun-13
Jul-13
Aug-13 Sep-13
Oct-13 Nov-13 Dec-13 New Plans
Jan-14
Feb-14 Mar-14 Apr-14 May-14 Jun-14
Pending Plans
Live Plans
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Jul-14
Aug-14 Sep-14
Oct-14 Nov-14
4. Regional Housing Statistics Regional House Prices
House price growth in London and surrounding areas continued to outpace growth in other areas of the country. London saw annual house price growth of 21%, while prices in the Outer Metropolitan and Outer South-East areas grew by 14% and 13% respectively. Prices elsewhere saw more modest growth, particularly in the North of England (4.3%), Scotland (5.25%) and Wales (5.05%). November
Average House Price* (£)
* Quarterly data
North Yorkshire & Humberside North West East Midlands West Midlands East Anglia Outer South-East Outer Metropolitan London South West Wales Scotland Northern Ireland
2014 £121,990 £145,265 £146,760 £157,293 £164,067 £194,680 £234,370 £298,558 £401,072 £209,121 £144,096 £142,288 £119,782
2013 £116,909 £137,634 £138,375 £145,930 £151,035 £175,323 £207,129 £261,090 £331,338 £191,422 £137,169 £135,192 £108,671
% change 4.35% 5.54% 6.06% 7.79% 8.63% 11.04% 13.15% 14.35% 21.05% 9.25% 5.05% 5.25% 10.22%
Regional Housing Starts and Completions
The number of quarterly housing starts grew annually in 29 of the 39 regions listed. York and North Yorkshire (64.8%), Swindon and Wiltshire (68.8%) and Cumbria (53.6%) displayed the highest growth since Q3 2013. In the 10 regions where the number of housing starts fell, the effect was most pronounced in Cornwall and the Isles of Scilly, where the number of starts was 57% lower than in the same quarter last year. The number of quarterly housing completions grew annually in 25 of the 39 regions listed. Growth was strongest in the Tees Valley (120.9%), the Solent (84.9%) and Stoke and Staffordshire (65.7%). In the 14 regions where the number of completions fell, the decrease was most significant in the Humber (-41.8%).
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November 2014 460 580 740 1,280 390 640 430
2013 440 500 860 1,380 910 470 280
% change 4.55% 16.00% -13.95% -7.25% -57.14% 36.17% 53.57%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
940 360 1,150 570 700
1,000 400 1,120 570 880
-6.00% -10.00% 2.68% 0.00% -20.45%
Greater Cambridge and Greater Peterborough Lincolnshire Greater Manchester Heart of the South West Hertfordshire Humber Lancashire Leeds City Region Leicester and Leicestershire Liverpool City Region Pan London New Anglia
1,220 730 1,040 1,790 670 380 960 1,730 1,060 660 4,140 1,050
1,360 710 910 1,750 900 510 870 1,550 750 790 5,000 920
-10.29% 2.82% 14.29% 2.29% -25.56% -25.49% 10.34% 11.61% 41.33% -16.46% -17.20% 14.13%
North Eastern Local Enterprise Partnerships Northamptonshire Oxfordshire Sheffield City Region Solent South East South East Midlands Stoke and Staffordshire Swindon and Wiltshire Tees Valley Thames Valley Berkshire The Marches Enterprise Partnership West of England Worcestershire York and North Yorkshire
1,430 990 590 970 1,060 2,180 2,280 520 810 690 910 590 840 600 890
1,340 780 390 960 1,100 2,530 1,880 400 480 520 740 500 670 510 540
6.72% 26.92% 51.28% 1.04% -3.64% -13.83% 21.28% 30.00% 68.75% 32.69% 22.97% 18.00% 25.37% 17.65% 64.81%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
House Starts*
* Quarterly data
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November 2014 320 360 520 760 300 380 230
2013 290 360 480 1,100 430 410 230
% change 10.34% 0.00% 8.33% -30.91% -30.23% -7.32% 0.00%
Derby, Derbyshire, Nottingham and Nottinghamshire Dorset Enterprise M3 Gloucestershire Greater Birmingham and Solihull
880 520 1,100 420 560
840 500 1,040 440 810
4.76% 4.00% 5.77% -4.55% -30.86%
Greater Cambridge and Greater Peterborough Lincolnshire Greater Manchester Heart of the South West Hertfordshire Humber Lancashire Leeds City Region Leicester and Leicestershire Liverpool City Region Pan London New Anglia
1,030 630 860 1,280 390 320 720 1,450 820 620 4,580 840
1,110 490 730 1,300 560 550 560 1,290 600 680 3,740 900
-7.21% 28.57% 17.81% -1.54% -30.36% -41.82% 28.57% 12.40% 36.67% -8.82% 22.46% -6.67%
North Eastern Local Enterprise Partnerships Northamptonshire Oxfordshire Sheffield City Region Solent South East South East Midlands Stoke and Staffordshire Swindon and Wiltshire Tees Valley Thames Valley Berkshire The Marches Enterprise Partnership West of England Worcestershire York and North Yorkshire
900 590 340 760 1,350 1,990 1,500 470 610 530 400 460 640 410 440
660 530 250 770 730 1,540 1,360 300 670 240 500 310 670 410 360
36.36% 11.32% 36.00% -1.30% 84.93% 29.22% 10.29% 56.67% -8.96% 120.83% -20.00% 48.39% -4.48% 0.00% 22.22%
Black Country Buckinghamshire Thames Valley Cheshire and Warrington Coast to Capital Cornwall and the Isles of Scilly Coventry and Warwickshire Cumbria
House Completions*
* Quarterly data
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5. Notes, Sources and Descriptions INDUSTRY TOTAL DOMESTIC GAS BOILER SALES
Description Number of combi boilers sold in preceding month, within the domestic market. Number of system boilers sold in preceding month, within the domestic market. Number of regular boilers sold in preceding month, within the domestic market.
Source Member companies
Total
Total number of boilers (all types) sold in preceding month, within the domestic market.
Member companies
Conventional
Number of conventional hot water storage cylinders sold in preceding month, within the domestic market. Number of renewable hot water storage cylinders sold in preceding month, within the domestic market. Total number of conventional hot water storage cylinders (all types) sold in preceding month, within the domestic market.
Member companies
Total
Total number of radiators sold in preceding month.
Member companies
Flat Plate
Solar Thermal Panels (Flat Plate) sold in preceding month, expressed in square metres.
Member companies
Vacuum
Solar Thermal Panels (Vacuum) sold in preceding month, expressed in square metres.
Member companies
Total
Solar Thermal Panels (All) sold in preceding month, expressed in square metres.
Member companies
Electric
Number of electricity smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Combi System Regular
HOT WATER STORAGE CYLINDERS
Renewable Total
RADIATORS SOLAR THERMAL PANELS (M2)
INSTALLED SMART METERS 39
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Member companies Member companies
Member companies Member companies
Gas
Number of gas smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Total
Total number smart meters installed in previous quarter.
www.gov.uk - Smart meters statistics
Description A dwelling is counted as started on the date work begins on the laying of the foundation. A dwelling is regarded as complete when it becomes ready for occupation or when a completion certificate is issued. Average house price. Expressed as an index number for ease of comparison with prior values. Average UK house price, unadjusted for inflation. Estimate of the number of residential and non-residential property transactions in the UK and its constituent countries.
Source www.gov.uk - House building statistics www.gov.uk - House building statistics Nationwide Building Society House Price Index Nationwide Building Society House Price Index www.gov.uk - Monthly Property Transactions
Gross mortgage lending (£m)
All new lending done in a given period, including remortgaging and new loans for house purchase.
Council of Mortgage Lenders – Statistics
UK PMI (Construction)
A survey of businesses in the construction industry. A value above 50 denotes growth.
Markit/CIPS
Consumer confidence
Measures the level of optimism that consumers have about the performance of the economy in the next 12 months. The GfK Consumer Confidence is derived from a survey of 2,000 consumers who are asked to rate the relative level of past and future economic conditions including personal financial situation, climate for major purchases, overall economic situation and savings level.
GfK - Consumer Confidence
MACROECONOMIC
HOUSING
Starts Completions House price index Average House Price (£) Transactions
CONSUMERS
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Retail sales value including fuel
An aggregated measure of the sales of retail goods over a stated time period, including fuel sales.
Office of National Statistics - Key Economic Time Series
Retail sales value excluding fuel New car sales
An aggregated measure of the sales of retail goods over a stated time period, excluding fuel sales. Number of new car registrations in the preceding month.
Inflation - CPI
The retail price index (RPI) and the consumer price index (CPI) are both measures of the price of goods and services in the UK. The retail price index (RPI) and the consumer price index (CPI) are both measures of the price of goods and services in the UK. The retail price index, or the RPI, shows the changes in the cost of living. It reflects the movement of prices in a range of goods and services used regularly, such as food, heating, housing, household goods, bus fares and petrol.
Office of National Statistics - Key Economic Time Series Society of Motor Manufacturers and Traders Office of National Statistics - Key Economic Time Series Office of National Statistics - Key Economic Time Series
Inflation - RPI
MACROECONOMIC INDICATORS
Real GDP (CVM)
Gross Domestic Product at chained volume measure. Monetary value of all the finished goods and services produced within a country's borders. The effects of inflation are accounted for using a chained volume measure.
Office of National Statistics - Key Economic Time Series
Real GDP per capita (CVM)
Real GDP (CVM) divided by the number of people in the country.
Office of National Statistics - Key Economic Time Series
Unemployment rate (%)
The unemployment rate gives the number of unemployed persons as a percentage of the labour force.
Office of National Statistics - Key Economic Time Series
Economically inactive rate (%)
People who are not in work, but who do not satisfy the criteria for ILO unemployment (wanting a job, seeking in the last four weeks and available to start in the next two), expressed as a percentage of the 16 and over population.
Office of National Statistics - Key Economic Time Series
Net Debt (ÂŁbn)
Net government debt excluding financial intervention.
Office of National Statistics - Key Economic Time Series
Net Debt (% of GDP)
Net government debt excluding financial intervention, expressed as a percentage of GDP.
Office of National Statistics - Key Economic Time Series
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ENERGY PRICE INDICES
MANUFACTURING SECTOR
Net Private Debt (% of GDP)
Total household and nonfinancial corporation debt, expressed as a percentage of GDP.
Bank for International Settlements
Gas
Gas price, expressed as an index number.
Electricity
Electricity price, expressed as an index number.
www.gov.uk - Domestic energy price statistics www.gov.uk - Domestic energy price statistics
Inflation - PPI (Output)
The PPI provides an estimate of the price of goods bought and sold by UK manufacturers. The output price index is a measure of the price of goods and services sold as output by domestic producers. The PPI provides an estimate of the price of goods bought and sold by UK manufacturers. The input price index measures the price of materials and fuels bought by UK manufacturers for processing. A survey of businesses in the manufacturing sector (UK). A value above 50 denotes growth. A survey of businesses in the manufacturing sector (Eurozone). A value above 50 denotes growth.
Office of National Statistics - Key Economic Time Series
Description Number of non-domestic Renewable Heat Incentive applications.
Source www.gov.uk - RHI Monthly deployment data
Inflation - PPI (Input)
UK PMI (Manufacturing) Eurozone PMI (Manufacturing)
Office of National Statistics - Key Economic Time Series
Markit Markit
GOVERNMENT NON-DOMESTIC RHI APPLICATIONS
Total
DOMESTIC RHI APPLICATIONS
ASHP
Domestic Renewable Heat Incentive applications - Air source heat pump
www.gov.uk - RHI Monthly deployment data
GSHP
Domestic Renewable Heat Incentive applications - Ground source heat pump Domestic Renewable Heat Incentive applications - Biomass
www.gov.uk - RHI Monthly deployment data www.gov.uk - RHI Monthly deployment data
Biomass
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BOILER INSTALLATIONS
Solar Thermal
Domestic Renewable Heat Incentive applications - Solar thermal
www.gov.uk - RHI Monthly deployment data
GD Finance
Boiler installations using Green Deal Finance.
ECO
Boiler installations using Energy Companies Obligation.
GDHIF Boiler
Boiler installations through Green Deal Home Improvement Fund (Boiler). Boiler installations through Green Deal Home Improvement Fund (Flue Gas Heat Recovery).
www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics
GDHIF FGHR
MEASURES INSTALLED USING GDF
GD Cashback
Boiler installations using Green Deal Cashback voucher.
www.gov.uk - Green Deal and ECO Statistics
Boilers
Boilers installed using Green Deal Finance.
www.gov.uk - Green Deal and ECO Statistics
Cavity Wall Insulation
Cavity Wall Insulation installed using Green Deal Finance.
www.gov.uk - Green Deal and ECO Statistics
Loft Insulation
Loft insulation installed using Green Deal Finance.
Micro-generation
Micro-generation measures installed using Green Deal Finance.
Other Heating
Other heating measures installed using Green Deal Finance.
Other Insulation
Other insulation measures installed using Green Deal Finance.
Solid Wall Insulation
Solid wall insulation installed using Green Deal Finance.
Window Glazing
Window glazing installed using Green Deal Finance.
www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics www.gov.uk - Green Deal and ECO Statistics
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GD ASSESSMENTS
Number of Green Deal assessments.
www.gov.uk - Green Deal and ECO Statistics
New Plans
A Green Deal plan is considered "new" after a customer has obtained a quote from a Green Deal Provider and confirmed they wish to proceed.
www.gov.uk - Green Deal and ECO Statistics
Pending Plans
A Green Deal plan is considered "pending" when a plan has been signed by the customer, progress is being made to install Green Deal Plan measures and the Plan is being finalised so that charging can start.
www.gov.uk - Green Deal and ECO Statistics
Live Plans
A Green Deal plan is considered "live" after the measures have been installed in the property, the information required to disclose the Plan to future bill payers has been attached to the Plan and the energy supplier has all the information required to bill Green Deal Charges.
www.gov.uk - Green Deal and ECO Statistics
Total Plans
Total of new, pending and live Green Deal plans.
www.gov.uk - Green Deal and ECO Statistics
AVERAGE HOUSE PRICE
All Regions
Description Average house price, segmented by regions.
Source Nationwide Building Society House Price Index
HOUSE STARTS
All Regions
A dwelling is counted as started on the date work begins on the laying of the foundation, segmented by regions.
www.gov.uk - House building statistics
HOUSE COMPLETIONS
All Regions
A dwelling is regarded as complete when it becomes ready for occupation or when a completion certificate is issued, segmented by regions.
www.gov.uk - House building statistics
GD PLANS
Total
REGIONAL HOUSING DATA
Author: Graeme Reeves (graeme@eua.org.uk)
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