---

Ministry of Defence

Answer

Mr. Key: To ask the Secretary of State for Defence what (a) factors and (b) criteria were used by Defence Estates Organisation in their table-top evaluation of the likely sale value of Dean Hill Munitions Depot. [68912] Mr. Ingram: In June 2001 Defence Estates SW provided an outline desktop valuation of the Dean Hill Munitions Site to advise the Defence Munitions Rationalisation Study 2 Investment Appraisal. The valuation was based on the estimated realisation price, assuming that the sites had been subject to a Phase 2 Land Quality Assessment. It had been proposed that the eventual value for the site would be abated by the cost of the remedial work once known. Site inspections were permitted. However, in view of the sensitivity of the issues and as the purpose was to inform an investment appraisal, no approach was made to the local planning authority at that stage. Due to the absence of clear planning guidance, with the exception of the residential property and agricultural land, the possible future uses of the remainder of the site were limited, The value was established by assuming disposal of the residential and agricultural property, and based on the limited redevelopment and re-use of the remaining area for potential employment uses.

Secondary information

Type

Written question

Reference

388 c1230W;388 c1232W; 68912

Session

2001-02

Subjects

Ammunition Property transfer Sales Valuation Defence Estate Organisation Defence Munitions DM Dean Hill

Link

View this Written question on www.publications.parliament.uk