§ Mr. MitchellTo ask the Chancellor of the Exchequer if he will list the market value and the replacement value of the private housing stock as a percentage of money gross domestic product, for each year since 1967. [2292]
§ Mrs. LiddellThe information requested falls within the responsibility of the Chief Executive of the Office for National Statistics. I have asked him to arrange a reply to be given.
Letter from Tim Holt to Mr. Austin Mitchell, dated 10 June 1997:
The Chancellor of the Exchequer has asked me to reply as the Director of the Office for National Statistics to your recent question on the market value and the replacement value of the private housing stock as a percentage of money gross domestic product, for each year since 1967.Figures of the current market value of residential buildings by sector, including land, are in the tangible asset balance sheets in chapter 12 of the ONS publication United Kingdom National Accounts. Figures of money gross domestic product are in the table 1.1 of the same publication. A copy of this publication is available in the House of Commons Library.A longer run of data than is available in the publication can be found on the ONS databank which is accessed by the House of Commons Library. Data on the replacement value are not available although information on the net capital stock of dwellings excluding land at current replacement costs are in table 14.7.