Kugahara Research Note Vol. 1
Released on 15 June, 2003

Publicly Assessed Value of Land of Kugahara

The first volume of "Kugahara Research Note", started in June 2003, features publicly assessed value of land of Kugahara.
The value of land since the institution of Publicly Assessed Value of Land by National Land Agency was enacted in 1970 until 2002 is shown. While the reference address for the assessment varies in course of age, a table to show the entire data and graphs showing the change in the values in residential areas in 4-chome and 6-chome are illustrated. Two graphs are given, one indicating the values themselves, and the other indicating the comparison between the values of land and the retail price indices (yearly average, the whole country), having the value of 2000 as 100. The "Bubble Economy in Land Value" can be clearly observed.

Table of Publicly Assessed Value of Land
Graph of Change in the Value of Land in Residential Areas (4-chome and 6-chome)
Comparative Graph of the Value of Land Stated Above and Retail Price Indices

References
Land and Real Proberty in Japan, issued by Land and Water Bureau, Ministry of Land, Infrastructure and Transport www.tochi.nla.go.jp/english/index.html
Consumer Price Index issued by Statistics Bureau, Ministry of Public Management, Home Affairs, Posts and Telecommunications www.stat.go.jp/english/data/cpi/index.htm

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