Forward sales stood at £180.9 million as at December 31.

South Division

Underlying price growth advanced 4% across the division, with the new Severn Valley Business delivering over 150 units in the first six months.

Sales for Westbury Partnerships increased 50% during the year.

As at December 31 forward sales were at £148.7million.

Charles Church

The number of plots remained unchanged owned under the control of the division remained unchanged during the year at 10, 013 from 9,970 in 2006.

The division’s focus on maximizing pricing and profitability led a volume decline of 11%. However, average prices rose 1% to £257,009 from £253,236 a year earlier.

About 160 plots converted were converted from strategic land in Wales and 140 plots in the South East at Tunbridge and Burgess Hill.

Forward sales were at £157.0m as at December 31.

Outlook

Persimmon Plc forecasted 2008 industry volumes will remain lower due to the reduction of capacity in the U.K. mortgage market together with the tightening of credit criteria and lending terms. Land prices are projected to remain flat during the year.