A newly published report reveals that the UK Government’s target of delivering 1.5 million new homes by 2029 could unlock £103 billion in total social value—making a strong moral and financial case for accelerating housing delivery to address the country’s housing crisis.
Launched this week at a Parliamentary reception, The Impact of a Home report outlines how quality housing drives substantial societal benefits, from enhanced wellbeing to reduced pressure on public services. The study uses place-based data to evaluate the unique value a home can provide across multiple outcomes, such as education, green space access, and social mobility.
Developed in collaboration between built environment consultancy Meeting Place and economic analysts at Loop (a Pagabo Group company), the report introduces the UK’s first framework for measuring a home’s impact on wellbeing, economic resilience, and public service demand. It has been endorsed by major industry players, including housebuilder Vistry Group and housing association SNG (Sovereign Network Group).
Examples from the findings highlight the financial scale of potential social impact:
- Moving one person out of homelessness in London into secure housing could yield £25,693 in social value—against a backdrop of £4 million spent daily on temporary accommodation in the capital.
- An older couple relocating to retirement housing in Kent could generate £9,543 in social impact.
- A family escaping overcrowded housing in Manchester could contribute £2,107 in social value.
- A child in London gaining access to a private garden could experience a £1,520 wellbeing benefit.
Nikki Davies, CEO at Meeting Place, emphasized the everyday significance of housing:
“Our home is where we find comfort, connection, and the ability to thrive—but until now, quantifying its broader societal impact has been a challenge. This report provides a vital tool for decision-makers and reminds us all why investing in quality housing must be a national priority.”
Stephen Teagle, CEO of Partnerships and Regeneration at Vistry Group, added:
“A safe, secure home changes lives. With these new insights, we can make the case for building the homes people need—not just economically, but socially and morally.”
Joe Marshall, Regional Managing Director – South at SNG, said:
“This report validates our belief that good homes create better lives. Through our Homes and Place standard, we’re committed to delivering homes that support health, happiness, and community resilience.”
With growing public scrutiny around new developments, the authors hope their data-driven approach will help local authorities, planners, and developers advocate for new housing by demonstrating the far-reaching value it can bring to individuals and society alike.
