Find the Purchase Price of a House
You can find the purchase price of a property by looking at the Title Register. So long as the property was purchased after 1993 the Land Registry will insert the purchase price in the B section of the Register, together with the date of purchase and the purchaser's name and address. An example of the B section of a Title Register is shown in this article, and details of how to obtain a copy of the Title Register. Exceptions as to when the purchase price is not shown are also explained.
The Land Registry Title Register is the main document of Title. It contains details of the property, its ownership, rights and incumbrances affecting the property. Each of the three sections of the Register provide all the details necessary for proving ownership and for confirming the terms upon which that ownership exists.
The section of the Register that provides details of the purchase price is the B section, as in this sample:
In the sample above the first paragraph identifies the name and address of the property owners, and the second paragraph confirms the date of purchase and the amount paid.
Exceptions to Purchase Price being shown
1 The purchase price is only shown for property purchases registered after April 2000. The enabling legislation for this is the Land Registration Rules 2003, which applied with retrospective effect so far as the purchase price is concerned.
2 Where the Consideration for the purchase is other than money, e.g. the natural love and affection for someone (a gift), then the value at the time of registration will instead be provided.
The general rule is that the purchase price will be shown, although where the Consideration was other than for money and the value cannot be calculated an entry in the following format will instead be made:
If in making such an entry the value would be misleading it will instead be omitted. This might occur where the value only represents a share of the property. In all other cases the purchase price will be shown.