Seasonally adjusted house building starts in England are estimated at 29,800 in the December quarter 2014, a 10 per cent decrease compared to the previous quarter. The seasonally adjusted level of starts in the December quarter 2014 decreased by 9 per cent on the same quarter a year earlier.
As can be seen the NPPF has had no impact on housing starts, with the recent slow rises simply cancelling out the sharp fall after the NPPF introduction. With starts being a leading indicator the annual completions in 2015 is likley only to be around the 120,000 figure, as the DCLG predicts, putting right back before the NPPF. All the NPPF has done is replace housing in good locations with housing in bad locations with no net gain 2012-2016 (certainly once you account for economic growth increasing house prices) on housing supply. All the rush in supply did in 2013 was to prick the top ofthe housing bubble as consent were racked up, now elading to a more than offsetting decline.