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The figures provided by Essential Information Group (EIG) show that overall lots offered in December were up 15% thanks to a 22.8% increase in residential lots offered. However, the percent sold fell by 13%, and amount raised by 18% to £446m. The ‘year on year’ figures fared better, with 9 out of the 12 metrics being positive and the amount raised in 2022 being £52m higher than in 2021. In the regions, the figures seen nationally for the past quarter, and discussed above, are reflected in the 13 regions to a greater or lesser extent with Yorkshire, West Midlands, & Northern Ireland experiencing double digit growth in amount raised. Most other regions saw falls, some in double digits.
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National Auction Analysis
Overall
N.B. Figures in brackets denote the comparative period last year
| December 2022 | October 2022 to December 2022 | January 2022 to December 2022 | ||||
|---|---|---|---|---|---|---|
| Lots Offered | 3,665 (3,182) | ▲ 15.2% | 9,164 (7,492) | ▲ 22.3% | 30,886 (28,423) | ▲ 8.7% |
| Lots Sold | 2,507 (2,510) | ▼ 0.1% | 6,080 (5,708) | ▲ 6.5% | 22,292 (22,130) | ▲ 0.7% |
| Percent Sold | 68.4% (78.9%) | ▼ 13.3% | 66.3% (76.2%) | ▼ 13.0% | 72.2% (77.9%) | ▼ 7.3% |
| Total Raised | £446.0M (£547.5M) | ▼ 18.5% | £1,160.4M (£1,210.7M) | ▼ 4.2% | £4,690.6M (£4,637.7M) | ▲ 1.1% |
Residential
N.B. Figures in brackets denote the comparative period last year
| December 2022 | October 2022 to December 2022 | January 2022 to December 2022 | ||||
|---|---|---|---|---|---|---|
| Lots Offered | 3,309 (2,695) | ▲ 22.8% | 8,173 (6,322) | ▲ 29.3% | 26,559 (24,544) | ▲ 8.2% |
| Lots Sold | 2,250 (2,113) | ▲ 6.5% | 5,381 (4,803) | ▲ 12.0% | 19,268 (19,110) | ▲ 0.8% |
| Percent Sold | 68.0% (78.4%) | ▼ 13.3% | 65.8% (76.0%) | ▼ 13.4% | 72.5% (77.9%) | ▼ 6.9% |
| Total Raised | £353.1M (£400.3M) | ▼ 11.8% | £901.6M (£900.6M) | ▲ 0.1% | £3,552.6M (£3,505.9M) | ▲ 1.3% |
Commercial
N.B. Figures in brackets denote the comparative period last year
| December 2022 | October 2022 to December 2022 | January 2022 to December 2022 | ||||
|---|---|---|---|---|---|---|
| Lots Offered | 356 (487) | ▼ 26.9% | 991 (1,170) | ▼ 15.3% | 4,327 (3,879) | ▲ 11.5% |
| Lots Sold | 257 (397) | ▼ 35.3% | 699 (905) | ▼ 22.8% | 3,024 (3,020) | ▲ 0.1% |
| Percent Sold | 72.2% (81.5%) | ▼ 11.4% | 70.5% (77.4%) | ▼ 8.9% | 69.9% (77.9%) | ▼ 10.3% |
| Total Raised | £92.9M (£147.1M) | ▼ 36.9% | £258.8M (£310.0M) | ▼ 16.5% | £1,138.0M (£1,131.7M) | ▲ 0.6% |
Regional Auction Analysis
As is usually the case, variations across all the measurable parameters can be seen across the regions.
N.B. Figures in brackets denote the comparative period last year
East Anglia
(Includes Cambridgeshire, Norfolk, Suffolk)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 358 (272) | ▲ 31.6% | 313 (228) | ▲ 37.3% | 45 (44) | ▲ 2.3% |
| Lots Sold | 246 (235) | ▲ 4.7% | 212 (196) | ▲ 8.2% | 34 (39) | ▼ 12.8% |
| Percent Sold | 68.7% (86.4%) | ▼ 20.5% | 67.7% (86.0%) | ▼ 21.3% | 75.6% (88.6%) | ▼ 14.7% |
| Total Raised | £50.1M (£47.9M) | ▲ 4.7% | £35.9M (£37.6M) | ▼ 4.5% | £14.2M (£10.3M) | ▲ 38.2% |
East Midlands
(Includes Derbyshire, Leicestershire, Lincolnshire, Northamptonshire, Nottinghamshire, Rutland)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 704 (565) | ▲ 24.6% | 635 (474) | ▲ 34.0% | 69 (91) | ▼ 24.2% |
| Lots Sold | 473 (430) | ▲ 10.0% | 419 (356) | ▲ 17.7% | 54 (74) | ▼ 27.0% |
| Percent Sold | 67.2% (76.1%) | ▼ 11.7% | 66.0% (75.1%) | ▼ 12.1% | 78.3% (81.3%) | ▼ 3.7% |
| Total Raised | £75.7M (£78.7M) | ▼ 3.8% | £59.0M (£53.9M) | ▲ 9.6% | £16.7M (£24.8M) | ▼ 32.9% |
London
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 726 (700) | ▲ 3.7% | 644 (642) | ▲ 0.3% | 82 (58) | ▲ 41.4% |
| Lots Sold | 499 (530) | ▼ 5.8% | 432 (479) | ▼ 9.8% | 67 (51) | ▲ 31.4% |
| Percent Sold | 68.7% (75.7%) | ▼ 9.2% | 67.1% (74.6%) | ▼ 10.1% | 81.7% (87.9%) | ▼ 7.1% |
| Total Raised | £233.6M (£239.3M) | ▼ 2.4% | £179.2M (£199.9M) | ▼ 10.4% | £54.4M (£39.4M) | ▲ 38.0% |
North-East
(Includes Cleveland, County Durham, Northumberland, Tyne and Wear)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 602 (541) | ▲ 11.3% | 577 (496) | ▲ 16.3% | 25 (45) | ▼ 44.4% |
| Lots Sold | 381 (395) | ▼ 3.5% | 362 (356) | ▲ 1.7% | 19 (39) | ▼ 51.3% |
| Percent Sold | 63.3% (73.0%) | ▼ 13.3% | 62.7% (71.8%) | ▼ 12.7% | 76.0% (86.7%) | ▼ 12.3% |
| Total Raised | £32.2M (£39.5M) | ▼ 18.5% | £23.9M (£25.7M) | ▼ 6.7% | £8.3M (£13.9M) | ▼ 40.2% |
North-West
(Includes Cheshire, Cumbria, Isle of Man, Lancashire, Merseyside)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 1,475 (1,209) | ▲ 22.0% | 1,332 (1,060) | ▲ 25.7% | 143 (149) | ▼ 4.0% |
| Lots Sold | 961 (915) | ▲ 5.0% | 869 (796) | ▲ 9.2% | 92 (119) | ▼ 22.7% |
| Percent Sold | 65.2% (75.7%) | ▼ 13.9% | 65.2% (75.1%) | ▼ 13.2% | 64.3% (79.9%) | ▼ 19.5% |
| Total Raised | £104.0M (£122.2M) | ▼ 14.9% | £82.8M (£95.1M) | ▼ 12.9% | £21.2M (£27.1M) | ▼ 21.9% |
North-West Home Counties
(Includes Bedfordshire, Berkshire, Buckinghamshire, Hertfordshire, Middlesex, Oxfordshire)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 615 (466) | ▲ 32.0% | 552 (389) | ▲ 41.9% | 63 (77) | ▼ 18.2% |
| Lots Sold | 417 (377) | ▲ 10.6% | 376 (314) | ▲ 19.7% | 41 (63) | ▼ 34.9% |
| Percent Sold | 67.8% (80.9%) | ▼ 16.2% | 68.1% (80.7%) | ▼ 15.6% | 65.1% (81.8%) | ▼ 20.4% |
| Total Raised | £110.6M (£125.6M) | ▼ 12.0% | £87.2M (£95.0M) | ▼ 8.2% | £23.4M (£30.6M) | ▼ 23.6% |
Northern Ireland
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 58 (54) | ▲ 7.4% | 43 (50) | ▼ 14.0% | 15 (4) | ▲ 275.0% |
| Lots Sold | 15 (10) | ▲ 50.0% | 9 (10) | ▼ 10.0% | 6 (0) | ▲ n/a |
| Percent Sold | 25.9% (18.5%) | ▲ 40.0% | 20.9% (20.0%) | ▲ 4.5% | 40.0% (0.0%) | ▲ n/a |
| Total Raised | £4.3M (£1.5M) | ▲ 191.8% | £2.3M (£1.5M) | ▲ 55.6% | £2.0M (£0.0M) | ▲ n/a |
Scotland
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 257 (249) | ▲ 3.2% | 174 (151) | ▲ 15.2% | 83 (98) | ▼ 15.3% |
| Lots Sold | 92 (103) | ▼ 10.7% | 52 (53) | ▼ 1.9% | 40 (50) | ▼ 20.0% |
| Percent Sold | 35.8% (41.4%) | ▼ 13.5% | 29.9% (35.1%) | ▼ 14.8% | 48.2% (51.0%) | ▼ 5.5% |
| Total Raised | £8.7M (£16.3M) | ▼ 46.8% | £2.9M (£2.9M) | ▼ 0.0% | £5.7M (£13.4M) | ▼ 57.2% |
South-East Home Counties
(Includes Channel Islands, East Sussex, Essex, Hampshire, Isle of Wight, Kent, Surrey, West Sussex)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 1,258 (1,126) | ▲ 11.7% | 1,132 (905) | ▲ 25.1% | 126 (221) | ▼ 43.0% |
| Lots Sold | 807 (867) | ▼ 6.9% | 716 (714) | ▲ 0.3% | 91 (153) | ▼ 40.5% |
| Percent Sold | 64.1% (77.0%) | ▼ 16.8% | 63.3% (78.9%) | ▼ 19.8% | 72.2% (69.2%) | ▲ 4.3% |
| Total Raised | £190.4M (£224.7M) | ▼ 15.3% | £155.6M (£170.1M) | ▼ 8.5% | £34.9M (£54.6M) | ▼ 36.2% |
South-West
(Includes Avon, Cornwall, Devon, Dorset, Gloucestershire, Isles of Scilly, Somerset, Wiltshire)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 681 (536) | ▲ 27.1% | 585 (388) | ▲ 50.8% | 96 (148) | ▼ 35.1% |
| Lots Sold | 497 (442) | ▲ 12.4% | 419 (318) | ▲ 31.8% | 78 (124) | ▼ 37.1% |
| Percent Sold | 73.0% (82.5%) | ▼ 11.5% | 71.6% (82.0%) | ▼ 12.7% | 81.2% (83.8%) | ▼ 3.1% |
| Total Raised | £107.2M (£103.7M) | ▲ 3.4% | £87.0M (£70.5M) | ▲ 23.5% | £20.2M (£33.3M) | ▼ 39.3% |
Wales
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 575 (485) | ▲ 18.6% | 498 (403) | ▲ 23.6% | 77 (82) | ▼ 6.1% |
| Lots Sold | 368 (398) | ▼ 7.5% | 318 (329) | ▼ 3.3% | 50 (69) | ▼ 27.5% |
| Percent Sold | 64.0% (82.1%) | ▼ 22.0% | 63.9% (81.6%) | ▼ 21.7% | 64.9% (84.1%) | ▼ 22.8% |
| Total Raised | £47.1M (£54.1M) | ▼ 13.0% | £37.3M (£39.2M) | ▼ 5.0% | £9.8M (£14.9M) | ▼ 34.1% |
West Midlands
(Includes Herefordshire, Shropshire, Staffordshire, Warwickshire, West Midlands, Worcestershire)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 965 (706) | ▲ 36.7% | 853 (618) | ▲ 38.0% | 112 (88) | ▲ 27.3% |
| Lots Sold | 715 (567) | ▲ 26.1% | 628 (493) | ▲ 27.4% | 87 (74) | ▲ 17.6% |
| Percent Sold | 74.1% (80.3%) | ▼ 7.7% | 73.6% (79.8%) | ▼ 7.8% | 77.7% (84.1%) | ▼ 7.6% |
| Total Raised | £122.7M (£100.1M) | ▲ 22.6% | £91.5M (£66.4M) | ▲ 37.7% | £31.2M (£33.7M) | ▼ 7.2% |
Yorkshire and The Humber
(Includes North Humberside, North Yorkshire, South Humberside, South Yorkshire, West Yorkshire)
| October 2022 to December 2022 | Total | Residential | Commercial | |||
|---|---|---|---|---|---|---|
| Lots Offered | 890 (583) | ▲ 52.7% | 835 (518) | ▲ 61.2% | 55 (65) | ▼ 15.4% |
| Lots Sold | 609 (439) | ▲ 38.7% | 569 (389) | ▲ 46.3% | 40 (50) | ▼ 20.0% |
| Percent Sold | 68.4% (75.3%) | ▼ 9.2% | 68.1% (75.1%) | ▼ 9.3% | 72.7% (76.9%) | ▼ 5.5% |
| Total Raised | £73.7M (£57.0M) | ▲ 29.3% | £56.9M (£42.9M) | ▲ 32.6% | £16.7M (£14.0M) | ▲ 19.3% |
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