At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

With plans announced to raise the council tax surcharge on higher-value homes, this snapshot looks at how many £2m-plus properties have actually sold across the UK this year. The data shows a highly concentrated market, dominated by London, and reveals just how small this sector is nationally despite the noise around a “mansion tax.”

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As a new year begins, many Attleborough homeowners and buyers are asking the same question: what will happen to house prices in 2026, and when is the right time to move? This article looks beyond forecasts and headlines to examine the real drivers of the local market, focusing on supply, demand, and affordability to understand what may lie ahead.