Abstract
ABSTRACT The research tests a proposition that a more diverse range of new build housing improves absorption rates. Land registry house sales for four Planning Authorities in Leeds City region in the UK, over an 11-year period, were used to calculate Brillouin’s Index of diversity and perform Pearson and ANOVA tests to determine strength and significance of the correlation between absorption rates and diversity by type, size and tenure of new housing. The significant findings are that residential developments with higher diversity have lower absorption rates, conversely, developments with lower diversity have higher absorption rates and smaller sites are built-out faster.
Highlights
Compared to other European countries, the UK has a relatively low housing development intensity, completing fewer than 3 dwellings (2.65) per thousand population compared with 3.53 in Germany, 4.06 in the Netherlands, 5.54 in Italy and 6.70 in France (Linhart et al, 2020)
Detailed interrogation of literature on planning for residential development revealed that one of the alleged reasons why the UK languishes behind most European countries in respect of both housing stock and dwellings completed per capita, that LPAs consent insufficient land for housing, increasing land and house prices, is beginning to be challenged
Oliver Letwin’s (2018a, 2018b) review of build-out rates confirmed that large volume housebuilders, in order to maintain a return on capital and Compared to house type diversity
Summary
Compared to other European countries, the UK has a relatively low housing development intensity, completing fewer than 3 dwellings (2.65) per thousand population compared with 3.53 in Germany, 4.06 in the Netherlands, 5.54 in Italy and 6.70 in France (Linhart et al, 2020). A plethora of reviews and analyses (Barker, 2004; Calcutt, 2007; Ball, 2010a, 2010b; Griffith & Jefferys, 2013; Lyons, 2014; KPMG and Shelter, 2015; McDonald & Whitehead, 2015; Bramley & Watkins, 2016; House of Lords Select Committee on Economic Affairs, 2016; DCL, 2017a; McKibbin, 2018; Wilson & Barton, 2020) evidence that the average number of new houses being built annually in the UK, compared to other countries in Europe. Since 1970, there has been an average of 160,000 homes built per year
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