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Price of buying an average detached house jumps £100,000 in just five years

UK detached house prices have risen by over £100,000 in five years, reaching an average of £471,748. Terraced homes saw the biggest annual price increase (4.5%) in the last year. Overall property prices increased by 3.7% in 2024. Northern Ireland saw the biggest detached property growth, while London had the lowest.
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