asked the Chancellor of the Exchequer what is his estimate of the value of agricultural land, including buildings, in the United Kingdom; and how this figure compares with the figure for 1970.
I have been asked to reply.The following table gives the average prices of land (and buildings), for each country in the United Kingdom by type of tenure, in 1970 and 1983; estimates are shown for 1984. Information on the price of land (and buildings) is collected on a continuous basis by the Inland Revenue.
Average prices of agricultural land (and buildings) in the United Kingdom
£ per hectare
|with vacant possession||526||3,789||3,820|
|with vacant possession||311||2,737||2,760|
|with vacant possession||240||1,991||2,030|
|with vacant possession||413||2,866||2,800|