Analysis from Coventry Building Society which uses Census figures, shows that there 3.1 million adults in England in 2021 compared to 2011.
The report added that there were around two million new homes needed for these people but only 1.4 million were built during this time.
London experienced the biggest shortfall in homes with the difference between new households to homes during the period coming to negative 147,352. This was followed by South East at negative 125,832 and East of England at negative 104,654.
The only region that experienced growth was the North East with the difference between new households and new homes coming to plus 26,985.
The estimates are a minimum as it only accounts for the number of people looking to buy a home for the first time. It does not account for growth in single-person households due to separations and bereavement.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said: “Year after year, there’s been a consistent shortfall in capacity to build the homes people need, it’s unsurprising there’s a huge deficit.
“The problem needs to be addressed now to make sure there are enough homes for everyone who wants to buy or rent a place of their own.”
He added: “All eyes will be on the Chancellor this week to see what he has to say about building new homes, but the most important thing will be what action is taken over the coming years.
“There’s an urgent need to create homes in the right locations, of the right type to meet demand, as well as updating the UK housing stock to meet the challenge of net zero and climate change.”
