“Clearly if these valuers put low prices in, they’ve got a chance of being picked by HS2 every time, so clearly the psychological pressure on those valuers is to lower the prices so that HS2 picks them every time, because they’re going to choose the people who put the low prices in."
Bridgen continued: “I paid £2.1million for the house in Leicestershire in 2011, I paid £110,000 for the stamp duty, I paid £100,000 for the fixtures fittings and I improved it by another £100,000.
“Four years later I was given £1.89million by HS2, so they did me out of £500,000 after tax.”
The Government could be posed to axe the Birmingham-Manchester leg of HS2 as costs soar.
Andrew Bridgen told Patrick Christys he feels 'vindicated' by his long-term HS2 criticism
Bridgen is particularly critical of how the project has affected people on the proposed route of the railway line, saying it is an “absolute national scandal” in a passionate rant.
HS2 has been branded a 'white elephant' by its critics
“It’s affected thousands of properties and thousands of property owners”, he told Patrick Christys.
“No ones got fair value for their properties, they’ve all been dealt with exactly the same way I was and it’s an absolute national scandal.”
Downing Street said there is precedent to delaying aspects of the scheme because of “affordability pressures”.
In October, the Government estimated the cost of the Manchester leg at up to £71billion, while in June, they reported that £22.5billion had already been spent on the initial leg to Birmingham, with a further £2.3billion set to be ploughed into subsequent phases.
All these figures were calculated using 2019 prices, and they would have substantially increased due to inflation, reflecting rising costs of materials and wages.
Bridgen added that he feels “vindicated” as the Prime Minister deals with increased pressure to ditch the project.
“It’s grossly mismanaged, we can’t afford it and it’s going to be an albatross around the country and the Government’s neck”, he said.
“I think I’ve been vindicated quite honestly, but I think we should have a class action of people who’ve been forced to sell their properties that will never be needed.”