HC Deb 31 March 1995 vol 257 cc874-5W
Dr. David Clark

To ask the Secretary of State for Defence what is the total value, at today's prices, of land, buildings and equipment sold by his Department in each of the last 10 years; and what are the forecast total receipts for the next financial year. [17522]

Mr. Soames

Due to the volatile nature of the property market it would not be possible to apply present day values to land and buildings which have been sold by my Department during the past 10 years. The actual receipts achieved for each of the years in question are as follows:

£ million
1984–85 27.7
1985–86 60.2
1986–87 75.6
1987–88 77.8
1988–89 149.6
1989–90 74.0
1990–91 81.6
1991–92 102.2
1992–93 68.0
1993–94 70.7
1994–95 162.0
1 Projected.

The land buildings forecast receipts for the next financial year are £122 million. Any equipment associated with the sale of land and building is included in the figures.