Of all detached homes for sale, 63% have already been sold subject to contract or gone under offer, topping flats (60%), terraced houses (44%) and semi-detached houses (43%) as the most in demand property type, according to the House Buyer Bureau.
While the average house price increased by 23% since January 2020, according to Land Registry data, detached properties have increased in value by 29%.
House Buyer Bureau analysed current stock available across each region of Britain, which areas of the market had seen the biggest influx of detached home sellers over the past two weeks, and where these properties accounted for the greatest degree of available stock.
Detached homes accounted for just 22% of all stock available for sale, but 15% of these detached homes entered the market in the past two weeks, boosting the total number of detached homes for sale by 18%.
The South East saw the largest uplift in the level of detached properties available across the market over the past 14 days, with fresh for sale stock bringing a 20% increase to the number for sale.
Both London and the South West saw a 19% increase in the number of detached homes reaching the market over the past two weeks.
In the East Midlands, detached properties accounted for 29% of all homes listed for sale.
At 28%, the East of England and East Midlands also provided the best chance of securing a detached home in the current market.
In contrast, just 5% of properties for sale across the London market were detached.
Chris Hodgkinson, managing director of House Buyer Bureau, said: “Detached homes soared in popularity during the pandemic as homebuyers looked to maximise the space available to them within their home and it’s clear that this popularity is yet to subside, with detached homes remaining the most in demand property type in the market.
“However, they only account for around a fifth of all property stock available in the current market and so upsizers face fierce competition when looking to secure their dream home.”
He added: “The good news is that there continues to be a steady stream of stock reaching the market but this influx and the wider availability of stock does differ depending on where in Britain you are house hunting.”
