House prices have accelerated at a far faster pace than income in England and Wales in recent decades

House price and earnings indices, England and Wales indexed to 1997

500

House prices

4.5 x higher

than 1997

400

300

200

Earnings

2x higher

100

0

2000

2005

2010

2015

2020

500

House prices

4.5x higher

than 1997

400

300

200

Earnings

2x higher

100

0

2000

2005

2010

2015

2020

Guardian graphic. Source: ONS house price statistics for small areas.