§ Paul FlynnTo ask the Secretary of State for Environment, Food and Rural Affairs what changes have taken place in the last three years in the value of(a) farmland and (b) farms and farm buildings. [134667]
§ Mr. BradshawEstimates are available only for the value, in the UK, of farm land and farm buildings combined. Statistics are also available on the average price of sales of farm land in England. The following tables show the most recent available data for each, in current and real terms (1995 prices).
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Value of 'farm land and buildings' in the UK £ million Current prices 1995 prices 1999 90,784 81,837 2000 92,767 81,218 2001 96,539 83,011 20021 n/a n/a 1 Figures for 2002 will be published in "Agriculture in the United Kingdom" in March 2004
Annual average price1 of agricultural land sold in England £ per hectare Current prices 1995 prices 1999 6,652 5,994 2000 7,057 6,177 2001 7,328 6,299 2002 6,956 5,884 1 Provisonal