I refer the hon. Member to the answer given by the then Minister for Local Government to my hon. Friend the hon. Member for Stroud (Mr. Drew) on 19 February 2007, Official Report, column 504W, which sets out the position in respect of valuations carried out by the Valuation Office Agency for council tax purposes. For other capital valuations, the effect will depend upon the facts and circumstances of each case.
The Valuation Office Agency (VGA) does not use the term “neighbourhood geo-code”. However, when developing the Automated Valuation Model (AVM) for the postponed Council Tax Revaluation in England, the VOA divided the country into approximately 10,000 localities. The precise number cannot be provided except at disproportionate cost. AVM functionality was not used in the Revaluation in Wales.