HC Deb 11 July 1923 vol 166 c1342
62. Mr. EMLYN-JONES

asked the Minister of Health the average price per acre of land purchased for housing schemes and the average rateable value per acre of the same land prior to acquisition?

Mr. CHAMBERLAIN

The average price per acre of land acquired under the State-assisted Schemes authorised by the Housing, Town Planning, etc., Act, 1919, was £177. I have no information as to the average rateable value per acre of the land prior to its acquisition.

Mr. EMLYN-JONES

Would the right hon. Gentleman not consider that 20 years' purchase based on the assessment rent would be a fair price to pay for land acquired for that purpose?