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House Values

Volume 885: debated on Monday 27 January 1975

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asked the Chancellor of the Exchequer what would be the value of the average size newly-built house in England on the basis of a 10 per cent. 15 per cent., and 20 per cent. inflation per annum at the end of a 10-year period.

I have been asked to reply.The factors likely to influence house prices are highly complex. A calculation of the type requested would thus be valueless.