(Adds regional breakdown from 3rd paragraph)
LONDON (Thomson Financial) - House prices in England and Wales rose by 0.9 pct in January from the previous month, reversing December s 0.4 pct decline, data from the Land Registry showed.
Its House Price Index showed the average price for a house was 186,045 stg, up from 184,469 stg in December. However, the annual rate of house price inflation slowed to 6.4 pct from 6.7 pct the previous month.
On a regional basis, the biggest monthly rise was recorded in the north west at 2.0 pct. The only fall was registered in Wales, at -0.3 pct, the figures showed.
The Land Registry said London registered the biggest annual price growth at 13.1 pct, "approximately twice the rate of England and Wales as a whole". chinny.li@thomson.com cml/cmr/cml/slm COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News. MMMM
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