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<p>As at September 2023, total expenditure on land purchases for HS2 was £3.38 billion
(at nominal prices and excludes commitments). This sum was broken down by Phase as
follows:</p><p>Phase 1: £2,812m</p><p>Phase 2A: £208m</p><p>Phase 2B East: £160m</p><p>Phase
2B West: £196m</p><p>No formal estimate of the current sales value of the land has
been undertaken, but any land and property that is no longer required will be sold,
and a programme is being developed to do this. However, the majority of the spend
remains on Phase 1 which we remain fully committed to.</p>
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