Land: Valuation
The question
To ask the Secretary of State for Housing, Communities and Local Government, with reference to Land value estimates for policy appraisal 2023, published on 16 March 2026, why the values are only up to date to 2023.
Answered by Matthew Pennycook
The land value estimates in question are expressed in October 2023 prices to provide a consistent and comparable base. However, the data used to produce the estimates is more recent. For example, while the estimates of non-residential land produced by the Valuation Office Agency draw on data up to August 2024, the estimates of residential land produced by my Department draw on data up to September 2025.
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