Annual growth of land value in the UK 2021-2023, by type

Published by
Fernando de Querol Cumbrera,
Dec 18, 2023
In September 2023, the price of land for development in the United Kingdom was much lower than a year earlier. Both greenfield and urban land reached their highest annual growth rate in March 2022. The price of greenfield land has been slightly more volatile throughout the period considered. In 2022, London had the highest industrial land value in the UK.

Year-to-year growth of development land value in the United Kingdom (UK) from September 2021 to September 2023, by type

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Release date

October 2023

Region

United Kingdom

Survey time period

September 2021 to September 2023

Supplementary notes

* The source does not explain the term "greenfield", potentially indicating this is an industry term from within the United Kingdom. Greenfield land refers to undeveloped land in an urban or rural area either used for agriculture or landscape design, or left to evolve naturally.

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