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Farms: West Yorkshire

Volume 468: debated on Thursday 29 November 2007

To ask the Secretary of State for Environment, Food and Rural Affairs what the average price of farmland per acre is in West Yorkshire; what estimate he has made of changes in the price over the last 10 years; what his assessment is of the effect of such changes; and if he will make a statement. (168127)

The following table shows the average prices per hectare of agricultural land-only sales in West Yorkshire compared with averages for England. Data are only available for 1998 to 2004.

Average price (£ per Ha)

Number of sales in West Yorkshire

West Yorkshire—Land only

England—Land only

1998

36

4,976

5,414

1999

19

5,627

5,282

2000

20

6,524

5,603

2001

17

7,786

5,674

2002

16

5,951

5,488

2003

16

11,056

5,390

2004

9

11,621

6,131

Source:

Based on data supplied by the Valuations Office

These estimates are based on land sales and, as a result, do not represent the value of all land in West Yorkshire. The volatility of the average sale prices in West Yorkshire from 1998 to 2004 is likely to be due to the relatively small number of sales on which the estimates are based.