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Persimmon Builds On Strong Year - Financial Times February 06

Persimmon has already sold 42 per cent of its expected volumes for this year, reaping £1.25bn for the UK's leading housebuilder.

A more active housing market has also allowed Persimmon to drop some sales incentives. The average selling price is £178,500, compared with £171,067 last year.

The Westbury integration has given Persimmon the biggest landbank in the sector, amounting to 78,000 plots and a land supply of more than 4.5 years.