House prices in Northern Ireland rose by an average 4.9% in Northern Ireland, in December, according to official figures from the Office for National Statistics.
The latest rise took the average house value to £142,000.>>Above: Check out Northern Ireland's most expensive properties<<
Across the UK prices increased by 9.8% in 2014 to reach £272,000 on average in December.
House prices in Wales, the West Midlands, the East, the South East and the South West all reached new record highs in December, the report said.
The strong uplifts seen across the country mean that a typical first-time buyer paid 9.5% more for a property in December than they would have paid a year earlier. The average price paid for a house by a first-time buyer in December was £208,000.
Property values in every region across the country ended the year higher than at the start, from a 4% year-on-year increase seen in Wales and the North West of England to a 13.3% annual uplift in London.
Prices in London, which drove much of the housing market recovery last year, were sitting below the record levels seen last August.
But at £502,000 on average in December, prices in the capital were still around one third higher than they were at their previous peak in 2008, before the economic downturn struck, as well as being significantly higher than prices in the rest of the UK.
Across last year, prices typically increased by 10.2% in England to reach £285,000 by 4% in Wales to reach £173,000 by 5.5% in Scotland to reach £193,000.
In December, house prices in both England and Scotland were below the record peaks they reached last August. Property values in Northern Ireland have still got some way to climb before they reach pre-financial crisis levels. The ONS said that prices in Northern Ireland are around 45% below their peak in 2007.