Thanks to aspirational TV programmes like Grand Designs, it’s no surprise that 1 in 7 Brits are currently researching the self-build process.
The government are even getting on board by introducing more incentives in the hope of boosting the number of self-builds by 35% year-on-year.
To help, Insulation Express have uncovered the biggest opportunities in the UK for aspiring self-build homeowners, property investors and SME builders. The results have been collated into a map which highlights the top 30 cities; the data also includes the number of available plots and the average plot price for each city: https://www.insulationexpress.co.uk/blog/uks-biggest-self-build-opportunities/
Stand out stats include:
- 1 million Brits plan on building a self-build home within the next year.
- The average self-build homeowner makes a profit of 29% when selling their
home. - 49% of Brits dislike standard new builds making the flexibility of a
self-build more appealing. - The average price of a plot in Liverpool (£817,000) is seven times more
expensive than in Manchester (£91,062).
Top 10 Most Expensive Cities for Self-Build Plots
Insulation Express have also used their ‘self-build opportunities’ data to expose the most expensive cities for aspiring self-builders.
Place | City | Average Price of Plot |
1 | Liverpool | £817,000 |
2 | Oxford | £508,333 |
3 | Leeds | £388,000 |
4 | Portsmouth | £371,250 |
5 | Derby | £356,428 |
6 | Peterborough | £328,741 |
7 | Cambridge | £323,333 |
8 | Cardiff | £303,750 |
9 | Birmingham | £274,714 |
10 | Edinburgh | £256,000 |
Top 10 Cheapest Cities for Self-Build Plots
Insulation Express’ have also uncovered the cheapest cities for self-build plot prices.
Place | City | Average Price of Plot |
1 | Inverness | £91,062 |
2 | Dundee | £95,000 |
3 | Manchester | £112,090 |
4 | Salford | £119,833 |
5 | Durham | £128,684 |
6 | Wolverhampton | £146,666 |
7 | Southampton | £156,666 |
8 | Plymouth | £170,000 |
9 | Lincoln | £173,316 |
10 | Newport | £195,500 |
Top 30 Cities with the Biggest Self-build Potential