The article is easier to read and access above. It refers to the looting of art in the dissolution of the monasteries. It doesn't refer to destruction but to giving and selling the art. Likely the same thing was done with the papist books taken from Oxford, The church lands were also a great source of wealth for Henry and others and helped buy loyalty,
They may have looted 97% of the art in monasteries, but most of it was not destroyed. Presumably a large percentage of art at that time was in churches and private collections.