Land accounts for over half of UK’s net worth.

Following its split from other assets, land has shown to be the most valuable asset in the UK, accounting for just over half of the total net worth of the UK.

The value of land has grown rapidly from 1995, increasing by 412% compared with an average increase of 211% in the assets overlying the land, according to the latest ONS data.

Daniel Groves, National Accounts and Economic Statistics, Office for National Statistics, said, “Since 1995 the value of land has increased more than fivefold, making it our most valuable asset. At £5 trillion, it accounts for just over half of the total net worth of the UK at end-2016. At over £800 billion, the rise in the nation’s total net worth is the largest annual increase on record.”