§ Dr. David ClarkTo ask the Minister of Agriculture, Fisheries and Food if he will list all the properties and their locations which he has sold during 1990–91; if he will list in each case their estimated value and the amount realised at the sale; and if he will make a statement.
§ Mr. GummerDetails of the property sold in the period 1 April 1990 to 31 March 1991 are as follows:
Property 1Estimated value £ Sale price £ 385, Kirkstall road, Leeds 2550,000 550,000 Land at Pill Heath Andover, Hampshire 3 7,000 No. 2, The Cottages, Lee Valley Experimental Husbandry Farm, Hertfordshire 59,500 51,000 No. 1, High Barns, Boxworth, Cambridgeshire 466,667 70,000 No. 2, High Barns, Boxworth, Cambridgeshire 466,667 67,000 The Hermitage, Batchmere, West Sussex 565,000 65,000 Land at Bury Hill, Potton, Bedfordshire 6500,000 525,000 Notes:
1 Estimated value when first marketed.
2 Property sold to the Leeds Development Corporation at price determined by the District Valuer.
3 Part of a larger piece of land offered for sale. Price agreed by the District Valuer.
4 One of three identical houses valued together at £200,000.
5 Property sold to sitting tenant.
6 Sold by tender.
Surplus property is disposed of in accordance with Treasury guidelines. I am content that the prices achieved for these properties reflect their true open market values.