Notes to the accounts
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13 Trading property
| Group 2007 £m |
Group 2006 £m |
|
|---|---|---|
| Undeveloped sites | 36.7 | 45.2 |
| Completed properties | 7.0 | – |
| 43.7 | 45.2 | |
The estimated replacement cost of trading properties based on market value amounted to £46.1 million (31 December 2006 – £49.9 million).