Housing: Prices

Robert Neill Excerpts

Wednesday 16th February 2011 Ministerial Corrections

[Matthew Hancock]

To ask the Secretary of State for Communities and Local Government what estimate his Department has made of the number of domestic dwellings valued at £2 million or higher in each (a) local authority, (b) parliamentary constituency and (c) region.

[Official Report, 10 February 2011, Vol. 523, c. 391-92W.]

Letter of correction from Mr Robert Neill:

An error has been identified in the answer given to the hon. Member for West Suffolk (Matthew Hancock) on 10 February 2011.

The full answer given was as follows.

[Robert Neill]

The Department has not made an estimate of the number of domestic dwellings valued at £2 million or higher. This estimate would require figures on the individual value of all domestic dwellings in each area. Such data are not held by the Department. Estimating the current capital value of individual domestic dwellings in each area would require a valuation/revaluation exercise. The Coalition Agreement rules out a domestic revaluation in this Parliament.

The correct answer should have been:

[Robert Neill]

The Department has not made an estimate of the number of domestic dwellings valued at £2 million or higher. This estimate would require figures on the individual value of all domestic dwellings in each area. Such data are not held by the Department. Estimating the current capital value of individual domestic dwellings in each area would require a valuation/revaluation exercise. The Government have ruled out a domestic revaluation in this Parliament, as outlined in the written ministerial statement of 11 October 2010, Official Report, column 2WS.