The total value of UK properties has increased 78% in the past five years, so states the Halifax .
This means that Britain's private housing stock is presently worth £3.8 trillion.
Halifax data shows that in 2006, UK properties went up 12%, four times as fast as did mortgage debt .
Northern Ireland witnessed the quickest increase in the value of its homes, with property values in the country up 165%.
This was faster than the increase in the north of England (130%), the Humber (125%) and Wales (122%).
The slowest-rising region was Greater London, where property values have risen 53% in the last five years.
Cities in the north of England have seen their values rise fastest, Lincoln properties went up 173% since 2001, Kingston-upon-Hull properties went up 161% and Salford properties went up 140%.
2006 saw Northern Ireland properties rise fastest. In 2006 its housing went up 57% from £70 billion to £110 billion.
The slightest regional rise in 2006 was for properties in the north of England; they went up 4%.
Total value of properties equates to 3.5 times total mortgage debt , with Britain's financial balance sheet getting healthier.
In 1996 the equivalent figure was 2.9 times
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