ODPM: House Price Index September 2003

* The mix-adjusted average house price in the UK in September 2003 stood at £158,408, down from £159,010 in August (not seasonally adjusted).

* UK annual house price inflation in September 2003 was 10.9 per cent, down from 14.0 per cent in August.

* Annual house price inflation in London was 5.5 per cent in September 2003, down from 8.9 per cent in August.

For full graphs and tables go to www.odpm.gov.uk

The UK house price inflation rate fell from 14.0 per cent in August to 10.9 per cent in September. This was because of the 0.4% fall in prices between August and September this year, compared with the 2.4% increase over the same period last year.

All four home countries showed a fall in annual inflation, with Northern Ireland showing the largest decrease from 8.0 per cent in August to 0.7 per cent in September.

Annual inflation in England fell from 13.9% in August to 10.8% in September, and this was reflected in all the English regions. Average prices in the Northern English regions eased back in September after sharp rises in August - and this led to a corresponding easing of inflation rates to around 17 per cent. Nevertheless inflation in the North of England remains substantially higher than in the rest of England. Inflation was highest in Yorkshire and the Humber at 17.9 per cent, and lowest in London at 5.5 per cent.

HOUSE PRICES: REGIONAL

By country, the mix-adjusted average house prices in September were £168,693 in England, £108,364 in Wales, £95,834 in Scotland and £102,607 in Northern Ireland.

The region with the highest mix-adjusted average house price in England in September was London with £243,533, and the region with the lowest average price was the North East with £96,472.

Only the East, London, South East and the South West had mix-adjusted average prices above the average for the UK.

HOUSE PRICE INFLATION: TYPE OF BUYER

The UK house price inflation rate for first time buyers fell to 8.3 per cent in September from 10.6 per cent in August. The inflation rate for former owner occupiers also fell, from 16.0 per cent in August to 12.4 per cent in September.

The mix-adjusted average house price in the UK for first time buyers stood at £123,372 in September, while the mix-adjusted average price paid by former owner occupiers stood at £181,965.