Of course it does: it is the actual price paid. If somebody buys a house, they will know the band in which it will be according to what they are paying. Of course it is the case. At present, if there are major alterations made to a house, there will be an assessment made by local government of whether it should move into a different band.
Council Tax Valuation Bands Bill [HL]
Proceeding contribution from
Lord Marlesford
(Conservative)
in the House of Lords on Friday, 22 April 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Council Tax Valuation Bands Bill [HL].
Type
Proceeding contribution
Reference
771 c876 
Session
2015-16
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2017-02-21 09:33:31 +0000
URI
http://hansard.intranet.data.parliament.uk/Lords/2016-04-22/16042225000075
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