Nationwide terraced house price: United Kingdom
Nationwide terraced house price: United Kingdom stood at £238,383.44 in Q2 2026. It is one of the indicators in the House prices, quarterly and long run table (Value · Quarterly), with a complete series running from Q1 1991 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the House prices, quarterly and long run table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Terraced | |||||||||||
| United Kingdom | 238,383.44 | 234,852.53 | 231,949.9 | 231,596.92 | 232,627.67 | 230,109.71 | 227,849.13 | 226,243.52 | 224,543.12 | 220,973.23 |
Understanding nationwide terraced house price: United Kingdom
Compiling average nominal purchase prices for residential properties acquired across the United Kingdom, this series concentrates specifically on terraced houses. The calculation draws on mortgage approval records from the compiling institution, omitting detached homes, semi-detached units, flats, and all unfinanced cash purchases. Terraced properties often represent entry-level or mid-market housing, giving this index particular relevance for monitoring affordability segments distinct from larger detached dwellings. Each transaction is subject to hedonic standardisation to control for variations in internal space, number of rooms, and general structural features across reporting intervals.
When interpreting these statistics, analysts should recognise that terraced housing markets can be heavily influenced by first-time buyer activity and buy-to-let investor demand, which may introduce specific cyclical behaviours. Seasonal fluctuations in transaction volumes frequently create short-term volatility in quarterly figures, meaning year-on-year comparisons provide a more reliable assessment of underlying trends than quarter-on-quarter changes. Preliminary figures for the most recent period are subject to routine revision as final mortgage completion data is verified. Direct comparisons with aggregate national house price measures should account for the fact that terraced price movements can diverge significantly from the overall market average.
Frequently asked questions
- What structural category does this index isolate?
- It isolates terraced houses, excluding detached and semi-detached properties as well as flats.
- Does this series capture properties bought without a mortgage?
- No, cash-funded purchases are omitted because the dataset is derived exclusively from mortgage approvals.
- Why might terraced house prices exhibit different trends compared to detached homes?
- Terraced properties often serve different demographic segments, such as first-time buyers, whose purchasing constraints react differently to economic changes.