The following table analyses the reported £236 million loss on the disposal of fixed assets shown in the Department's Resource Account for 2006-07.
£90.5 million has already been received as income plus £7 million made in profit to offset these losses, and a further £160.4 million is expected in the future.
Department's retained estate £ Properties sold in 2006-07 to third parties 31 Pathfields, Shere 44,612 42 and 44 Redan road, Aldershot 233,682 40 Princes road, Redhill 40,151 42 Princes road, Redhill 110,822 48 Park road, Leybourne, West Malling 66,831 57 Park road, Loughborough 131,111 9 Highbury Villas, Bristol 134,406 9 Princes road, Redhill 44,612 Okehampton Castle Hospital, Okehampton 1,662,990 Compton Hospice, Wolverhampton 4,868,317 Eastwood Park, Falfield 1,806,789 Land at Clarement Crescent, Whitley Bay 1,337 Oakleigh, Plymouth 83,636 Orchard Field, Virginia Water 35,598 Properties sold in previous years to third parties 4 The Chambers, Chichester 114,818 10 Mayroyd Avenue, Surbiton 180,000 12 Brambletye Park road, Redhill 140,486 18 Netherne Lane, Coulsdon 164,944 19 Liverpool Gardens, Worthing 167,020 4 Brambletye Park road, Redhill 140,486 47 Ginsborough road, Epsom 118,000 54 Princes road, Redhill 145,276 7 and 8 Ambley Green, Camberley 693,875 8 Brambletye Park road, Redhill 140,486 Ascot House, Albion Place, Maidstone 124,880 Bexley Hospital (Part), Bexley 33,471,859 24 Castle street, Barnstaple 188,273 Central Boiler House and The Elms, Epsom 2,765,972 22 Connaught road, Hove 349,482 1 Westbourne road, Lancaster 5,506 Chepping House, Temple End, High Wycombe 111,660 Clinic, Longfellow Parade, Popley, Basingstoke 24,679 Dalston Ambulance Station, Dalston 211,744 Enfield Store, Enfield 2,274,167 Farm Cottage, Epsom 172,203 Glenside Hospital, Bristol 1,839,983 2 Junction road, Harrow 490,993 Holsworthy Health Centre and Ambulance Station, Holsworthy 211,156 Keepers Cottage, Epsom 345,747 Kelso Villa, Upper Bristol road, Bath 86,250 King Georges W. Wing, Ilford 5,913,362 St. Margaret’s Hospital, Great Barr, Birmingham 6,586,287 Overcliffe House, New road, Gravesend 105,075 Prh Land, Telford 942,351 Tarrant House, Milton Keynes 1,896,029 Tern House, Upper High Street, Reigate 131,548 Land at St. James Hospital, Portsmouth 50,189 Worcester Royal Infirmary, Castle Street, Worcester 170,552 Adjustments in respect of transfers to national health service trust or primary care trust(PCT) in previous years 1 and 2 Oaten Hill Court, Canterbury 37,321 Badgers Croft, Gloucestershire 135,733 20 Barnstone Vale, Wakefield 126,477 Bedford Hospital North Wing, Bedford 11,158,215 Belmont Hospital (Part), Tiverton 1,015,068 Budock, Falmouth 1,449,684 Chase Farm Ambulance Station, Enfield 731,021 Land at De La Pole, Beverley 427,157 Darlington Memorial Hospital, Darlington 327,957 Elm Tree Farm, Stapleton, Bristol 738,462 Feltham Ambulance Station, Feltham 150,719 Harrow road Houses, Warlingham 278,932 Land R/O Alexandra Hospital, Redditch 146 Land at Leicester Frith, Leicester 223,113 Linwood, Haywards Heath 734,676 Moor Green Land, Southampton 5,911,150 Public Dispensary Building, Plymouth 40,004 Part St. Crispins, Northampton 2,565,802 St. Lawrences, Bodmin 2,230,283 St. Christopher’s Hospital, Fareham 3,229,427 St. James Hospital, Portsmouth 39,502,000 The Firs, Epsom 382,399 The Kestrels, Bricket Wood, Hertfordshire 1,380,992 The Leaze, Okehampton 210,251 Unity Building Trinity road, Bradford 3,220,702 English Partnerships transfer 337 Birmingham road, Bromsgrove 16,740 Land Hollywood Lodge Epsom 421,588 Beeches Hospital, Telford 419,543 Graylingwell, Chichester 14,754,986 Manor Kingsway, Derby 3,899,151 Land at Brinkley Grove, Colchester 223,109 Part Prudhoe Hospital, Prudhoe 3,205,715 Land at Chelmsley 220,811 Runwell Hospital, Wickford 6,191,581 St. Margaret’s Hospital, Epping 1,877,515 Stone House Hospital, Dartford 5,565,472 Assets transferred to PCTs in 2006-07 Dinnington Clinic, Dinnington 190,062 Land at Duchess Park, Bristol 301,088 Nelson Health Centre, North Shields 1,229,088 Part North Hampshire Hospital, Basingstoke 551,812 Old Manor Hospital, Salisbury 3,661,683 Part Park Prewett, Basingstoke 1,420,959 Victoria Jubilee Infirmary, North Shields 2,230,583 Revaluations and adjustments 23,771,474 Selling costs for retained estate, adjustments to 2005-06 disposal costs and audit adjustment 19,520,888 Other losses Eileen House and Hannibal House London vacation due to lease expiry (write-off of assets 19,782 Adjustments for information technology assets transferred to Information Centre for Health and Social Care 588,725 Total 236,230,278 Notes: 1. During 2006-07, a comprehensive review was undertaken of the Departments fixed asset register relating to land and buildings owned by the Secretary of State known as the ‘retained estate’. As a result, adjustments were made and a proportion of the reported losses relate to the removal from the register of assets sold in previous years for which payment of £90.5 million had previously been received and accounted for. 2. The transfer of a portfolio of nearly one hundred properties to English Partnerships, agreed in 2005, includes provision for further payments to be made by them to the Department when they are sold in future years, these future payments have not been included in the accounts to date. As at 31 December 2007 English Partnerships estimate the value of these future payments to be £160.4 million. 3. A profit on disposal of assets in 2006-07 of £7 million was also reflected in the 2006-07 Resource Accounts.