Mr. Austin Mitchell
asked the Minister of Agriculture, Fisheries and Food whether he will publish in the Official Report a table showing the estimated capital value of agricultural land in the United Kingdom in the latest year for which figures are available compared to 1960 and 1970.
The estimated capital value of agricultural land in the United Kingdom, (including the value of agricultural buildings, but not dwellings) is shown below for the years 1966, 1970 and 1983. Comparable figures for earlier years are not available. Over the 17 year period the increase in value in real terms, ie deflated by the retail price index, was one-third.
|Estimated capital value of agricultural land in the United Kingdom|
Source: Derived by Central Statistics Office from the value of agricultural and other land as published in Economic Trends 1980 and Financial Statistics 1985.