Searchland - Land Development Demand Index, Q2 2023


1	Data Tables
2	Data sourced from Rightmove (26/06/2023) - Sample of 9,833 avilable land plots
3	Demand score is based on the number of land plots that have already gone under offer or sold subject to contract as a percentag of all available listings.
4	Tables sorted by quarterly change in demand - Highest to lowest
5
6
7	Development Type	Current Demand (Q2, 2023)	Quarterly Change
8	Industrial Development	38%	0.4%
9	Commercial Development	35%	-1%
10	Land only	46%	-2%
11	Residential Development	35%	-4%
12	Farm	43%	-4%
13	All Development Types	45%	-2%
14
15	Q2, 2023	All Development Types
16	Locations	Current Demand	Quarterly Change
17	West Midlands	49%	1%
18	London	33%	0.4%
19	South East	46%	-2%
20	North East	32%	-2%
21	East of England	52%	-2%
22	North West	41%	-2%
23	East Midlands	38%	-3%
24	South West	46%	-5%
25	Yorkshire and the Humber	48%	-5%
26	England	45%	-2%
27
28	Q2, 2023	Land Only		Q2, 2023	Industrial Development
29	Locations	Current Demand	Quarterly Change	Locations	Current Demand	Quarterly Change
30	London	39%	2%	Yorkshire and the Humber	100%	100%
31	North East	35%	-0.2%	South West	67%	67%
32	West Midlands	51%	-0.3%	South East	47%	11%
33	South East	48%	-1%	London	40%	9%
34	East of England	53%	-2%	West Midlands	43%	5%
35	East Midlands	38%	-3%	East of England	22%	-3%
36	North West	42%	-3%	East Midlands	40%	-10%
37	South West	46%	-5%	North West	31%	-12%
38	Yorkshire and the Humber	48%	-5%	North East	0%	-33%
39	England	46%	-2%	England	38%	0.4%
40
41	Q2, 2023	Commercial Development		Q2, 2023	Residential Development
42	Locations	Current Demand	Quarterly Change	Locations	Current Demand	Quarterly Change
43	West Midlands	35%	4%	West Midlands	39%	8%
44	London	27%	4%	Yorkshire and the Humber	62%	7%
45	North West	39%	2%	East Midlands	38%	0%
46	South West	40%	1%	South West	39%	-4%
47	East Midlands	29%	-5%	London	20%	-6%
48	East of England	49%	-6%	North West	35%	-6%
49	South East	34%	-6%	East of England	44%	-8%
50	Yorkshire and the Humber	23%	-6%	South East	30%	-10%
51	North East	17%	-7%	North East	14%	-11%
52	England	35%	-1%	England	35%	-4%
53
54	Q2, 2023	Farm
55	Locations	Current Demand	Quarterly Change
56	North East	23%	23%
57	East of England	67%	17%
58	North West	33%	10%
59	East Midlands	50%	7%
60	London	0%	0%
61	South East	14%	0%
62	South West	59%	-16%
63	Yorkshire and the Humber	50%	-25%
64	West Midlands	29%	-29%
65	England	43%	-4%