HC Deb 21 January 2003 vol 398 c213W
Paul Flynn

To ask the Secretary of State for Environment, Food and Rural Affairs what her latest calculation is of the change in the value of(a) farm land, (b) farm houses and (c) other farm buildings over the last 10 years. [90252]

Mr. Morley

Estimates are available only for the value of farm land and farm buildings combined. Estimates for the value of farm houses are not available

The overall value of farm "land and buildings" in the UK increased by £43 billion, or 85 per cent. (52 per cent. in real terms) between 1993 and 2000. Estimates for years prior to 1993 are not comparable.

Whilst estimates of the value of all farm land are not separately available, statistics are available on the average price of farm land sales. These show that the annual average price of agricultural land sold in England increased by £3,300 per hectare or 87 per cent. (55 per cent. in real terms) over the same period.

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