§ Mr. Norman HoggTo ask the Secretary of State for the Environment if he will give figures showing the average discount on sales of local authority and new town dwellings in England and Wales for each year since 1980.
§ Mr. Trippier[holding answer 4 November 1988]: Figures for English local authorities and new towns are as follows: For Welsh figures, I refer the hon. Member to the Secretary of State for Wales.
Average discounts £ thousands Percentage of market price 1980–81 6.0 39 1981–82 7.0 42 1982–83 7.1 42 1983–84 1 7.8 41 1984–85 9.3 43 1985–86 10.8 46 1986–87 12.3 46 1987–88 1 14.4 48 1 Average exclude block sales of dwellings in 1983–84 and 1987–88.