§ Mr. Nicholas Wintertonasked the Secretary of State for the Environment what was the change in house prices in the first and second quarters of 1982 in(a)the North-West region and(b)the United Kingdom as a whole.
§ Sir George Young:House prices in the United Kingdom rose about 2 per cent. between the fourth quarter 1981 and the second quarter 1982, according to the index based on a standard mix of dwelling types, which was published in table 2.2 of "Housing and Construction Statistics" part 2, No. 10. This index is derived from a sample of building societies' mortgages which is too small to provide reliable regional quarterly indices, but the price change in the North-West appears to have been roughly similar.