Playing the long game

News at Trigghomes | 25/07/2023

Playing the Long Game

The Ashes are over for another year but with the cricket season still very much in play, we take a nostalgic look at changes in the housing market over previous series.

The last time England won the Ashes was eight years ago in 2015 at home, and since then we've seen the average house price increase by 31% across England and Wales with an average annual growth rate of 3.8%.

Between series, the strongest growth was occurred between the 2002/03 and 2005 Ashes, with a 20% uplift and an England win at home, which included the famous Edgbaston test and the urn after 16 years!

The slight dip in growth during the 2010/11 series occurred at the same time as a rise in the inflation rate, which hit 4.5%. This was the first time in 24 years that England had won The Ashes in Australia. Source: #Dataloft, Land Registry, Rate Inflation