On a quarterly basis, the stats estimate new build home starts in England at 44,740 (seasonally adjusted) in the latest quarter, a 12% increase on figures for both the previous three months and a year earlier.
The City of London saw the biggest increase of any local authority area in England and Wales rising by 66 per cent, although only 146 properties were transacted in eight months. The best performing area outside of London was Chorley, at 17 per cent.
According to the data, transactions fell in 241 of 374 local authority areas, with an average decline of 4.9%. Stevenage witnessed a 27.5% drop, Newcastle-under-Lyme a 16.2% slump and Cambridge a fall of 16%.