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<p>The Senior Deputy Speaker has asked me, as Chair of the Finance Committee, to respond
on his behalf. Excluding the Palace of Westminster, the buildings for which the House
of Lords has responsibility, and their values, are as follows:</p><ul><li><p>1-2 Millbank
- £51.2m</p></li><li><p>5 Great College Street - £23.8m</p></li><li><p>Fielden House
- £9.7m</p></li></ul><ul><li><p>7 Old Palace Yard - £5.8m</p></li></ul><p>The valuation
date is 31 March 2019 and was conducted by the Valuation Office Agency. In addition
to the above the House of Lords has one residential property which is currently in
the process of being sold.</p><p>The Visitor Reception Building, separate from the
Palace of Westminster, is shared with the House of Commons – as at 31 March 2019 the
valuation of the House of Lords’ share (40%) was £6m.</p><p>Details of the buildings
for which the House of Commons are responsible can be found on page 116 in their annual
report and accounts which are available here: <a href="https://www.parliament.uk/documents/commons-expenditure/Admin%20Annual%20Accounts/Administration_Annual_Report_and_Accounts_2018_19.pdf"
target="_blank">https://www.parliament.uk/documents/commons-expenditure/Admin%20Annual%20Accounts/Administration_Annual_Report_and_Accounts_2018_19.pdf</a>.</p>
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