§ 59. Mr. Peter Archerasked the Secretary of State for the Environment what is the average price per acre of building land sold in the West Midlands in the most recent period of 12 months for which figures are available; and what was the corresponding figure for the immediately preceding period of 12 months.
§ Mr. Graham PageThe average price of private sector housing land in England and Wales is estimated to have been about £7,700 per acre in 1970, and about £8,400 per acre in 1971. Separate figures for the West Midlands are not available, but the indications are that prices in that region rose more slowly than in the country as a whole. I am inquiring into the possibility of reliable regional figures of land prices without undue additional staff effort.