The ten counties that have delivered the highest house price growth over this period are all in Scotland and Wales, with nine out of ten recording the smallest price gains situated in the ever-popular Southern England.
Five years ago Surrey was the only county with an average price above £200,000 yet 2006 alone saw 19 counties exceed this limit.
The best Welsh performer was Merthyr Tydfil, the town that also saw the biggest increase across the country, with a 175 per cent increase seeing the average price rocket from £45,578 to £125,450 at the end of last year.
The rest of the top 6 are all also located in Wales: Blaenau Gwent, Carmarthenshire, Isle of Angelsey, Rhondda, Cynon, Taff, and Conwy.
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Nearly half of all counties have seen their house price double since 2001, with the top performers being County Durham at 127 per cent and the East Riding of Yorkshire at 121 per cent.
The South of England has done badly by comparison though Hampshire and Wiltshire recorded the lowest average gains, followed by Berkshire and Oxfordshire.
Surrey is still the most expensive county and Blaenau Gwent is the least, despite its record increase. The most expensive areas outside Southern England are Monmouthshire, Warwickshire, Edinburgh and North Yorkshire.
Martin Ellis, chief economist at Halifax said: Much of the out-performance by certain parts of the UK has been part of a catch-up process with the greater availability of more affordable property stimulating demand and therefore allowing prices to rise more quickly.
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