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Motorways

Volume 448: debated on Tuesday 4 July 2006

To ask the Secretary of State for Transport what the estimated (a) book cost, (b) renewal cost and (c) market value is of the (i) motorway and (ii) trunk road network. (81066)

The Highways Agency values the motorway and trunk road network in England at depreciated replacement cost and the values at 31 March 2006 were (i) £42.471 billion for motorways and (ii) £33.726 billion for trunk roads.

Due to the specialised nature of this asset an open market value cannot be determined for the motorway and trunk road network.