§ 102. Mr. FavellTo ask the Secretary of State for the Environment what information he has on the average land price content of the average priced house in the south east, the north west and England and Wales as a whole in 1979 and the latest date for which figures are available.
§ Mr. ChopeThe table shows average land prices per plot as a percentage of average new house prices. Land prices are restricted to purchases by the private sector of sites with planning permission and are therefore directly comparable with the average price of new houses than all houses (including secondhand purchases).
Land price per plot as a percentage of new dwelling price 1979 1988 South East (excluding London) 20 45 North West 14 15 England and Wales 17 34