price of land per acre

216 results for price of land per acre

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  • Faraday v Carmarthanshire County Council, Court of Appeal - Lands Tribunal, October 20, 2003, [2003] EWLands TMA/89/2002

    TAX - corporation tax - market value in June 1988 - backland formerly part of petrol filling station - likely grant of planning permission for housing - access - comparables - value determined at £900,000 - Capitals Gains Tax Act 1979, s150 IN THE MATTER of a NOTICE OF REFERENCE BETWEEN DAVID RICHARD ELLIS Applicant (Inspector of Taxes) ...

    ... The reference land was a rectangular parcel with an area of 1.77 acres. The eastern part of the land was part of the petrol filling station site and comprised a workshop ... Market value is defined in section 150(1) of the Capital Gains Tax Act 1979 as ``the price which [that interest] might reasonably be expected to fetch on a sale in the open market.'' No ...

  • Potter v London Borough of Hillingdon, Court of Appeal - Lands Tribunal, June 28, 2010, [2010] UKUT 212 (LC)

    COMPENSATION - compulsory purchase - land bought for public open space - development of offices and park on reclaimed land - special value to developer - whether to be left out of account under Pointe Gourde - held not to be left out of account - hope value in connection with possible third runway at Heathrow Airport - hope value exceeding value on...

    ... The land consists of an open field of rough grass and trees 4.38 ha (10.82 acres) in area on the north side of Moor Lane and immediately to the west of the village. It is abutted ...3. BA entered into an option agreement with the claimants for the purchase of the land. The price at which it was exercisable was £1.5 m, and the terminal date of the option was 31 December 1991. ...

  • J S Bloor (Wilmslow) Ltd v Homes and Communities Agency, Court of Appeal - Civil Division, May 22, 2015, [2015] EWCA Civ 540

    1. The Appellant, the Homes and Communities Agency (``HCA''), is the acquiring authority under the North West Development Agency (Kingsway Business Park, Rochdale) Compulsory Purchase Order 2002 (``the CPO''). It took over the property rights and liabilities of the North West Development Agency (``NWDA'') under a Transfer Scheme on 19 September 20...

    ...ON APPEAL FROM THE UPPER TRIBUNAL (LANDS CHAMBER). His Honour Judge Mole QC and P R Francis FRICS. [2013] ... These are Plot 13 (9.71 acres) and Plot 14 (17.14 acres) which were acquired by the Claimant in May 2003 for a total cost of £1.3m. The sale price included a further area of some 0.4 acres adjoining Plot 14 ...

  • Phillips v Chapman & Anor, Court of Appeal - Civil Division, July 08, 1998, [1998] EWCA Civ 1180

    LORD JUSTICE MILLETT: These are two appeals by the defendants, Mr Ivo Chapman and his brother Mr Clifford Chapman, from orders made in favour of the plaintiff, Mr Terence Phillips. The appeals concern the terms and effect of an oral contract which Mr Phillips alleges was entered into between himself and Mr Ivo Chapman, acting for his brother as w...

    ...On 16 January 1987 Mr Phillips conveyed a piece of land ("the pink land") consisting of seven acres of undeveloped land ... The purchase price was paid by Mr Phillips' direction to Business Mortgages Trust ...

  • Saxton & Ors v Secretary of State for Transport, Court of Appeal, January 30, 2009, [2009] EWLands LCA_11_2007

    LCA/11/2007 LANDS TRIBUNAL ACT 1949 COMPENSATION ­ compulsory purchase ­ agricultural land acquired for M6 Toll ­ claim for injurious affection to other land as result of lowering of water table ­ original level of water - effect of dewatering on cultivation ­ compensation awarded £100,000 IN THE MATTER OF A NOTICE OF REFERENCE BETWEEN (1) FRED SAX...

    LCA/11/2007 LANDS TRIBUNAL ACT 1949 COMPENSATION ­ compulsory purchase ­ ... arising from the compulsory acquisition of approximately 36 acres (14.57 hectares) of land forming part of Ashcroft Farm, ...The sale price achieved an average of £3,100 per acre and Mr Meynell adopted ...

  • Jiggens & Anor v Low & Anor, Court of Appeal - Chancery Division, June 29, 2010, [2010] EWHC 1566 (Ch)

    1. This is an application for a declaration that the deed of appointment made by the trustees of a settlement is void pursuant to the so-called Hastings-Bass principle, or alternatively for rectification of the deed. There is also in the alternative a claim for a determination of the true construction of the effect of the deed and the Settlement

    ... essentially comprise two farms in Essex: Lodge Farm of 267 acres, and Rouses Farm of 95 acres which was acquired by the Settlement in July 1999 at a price of £2,806 per acre. The planning use of the land at Rouses ...

  • HM Inspector of Taxes v Hitch & Ors, Court of Appeal - Civil Division, January 26, 2001, [2001] NPC 19,[2001] EWCA Civ 63,[2001] BTC 78,73 TC 600,[2001] STC 214,[2001] STI 104

    1. This is an appeal against the order of Jonathan Parker J dated 18 March 1999 whereby he allowed the appeal of the taxpayers by way of case stated pursuant to section 56 of the Taxes Management Act 1970 from the decision of the Special Commissioners, Mr T.H.K. Everett and Mr D.A. Shirley dated 2 March 1998 holding that an agreement dated 6 Apri...

    ...Mr Leolin Price QC, Ms Penelope Reed and Mr John Smart (instructed by Messrs ... Abbey Farm comprised two blocks of land divided by a lane. A particular feature of the prospective ... would be obtained for the land south of the lane (about 400 acres) but not for that north of the lane (about 60 acres) and this ...

  • STONE (HM Inspector of Taxes) v. RICHARD HENRY HITCH; THOMAS HENRY HITCH and IAN GEOFFREY HANDY, Court of Appeal - Civil Division, January 24, 2001, [2001] HRLR 58,[2001] EWCA Civ 1224,[2002] 1 WLR 545

    1. This is an appeal against the order of Jonathan Parker J dated 18 March 1999 whereby he allowed the appeal of the taxpayers by way of case stated pursuant to section 56 of the Taxes Management Act 1970 from the decision of the Special Commissioners, Mr T.H.K. Everett and Mr D.A. Shirley dated 2 March 1998 holding that an agreement dated 6 Apri...

    ...Mr Leolin Price QC, Ms Penelope Reed and Mr John Smart (instructed by Messrs ... Abbey Farm comprised two blocks of land divided by a lane. A particular feature of the prospective ... would be obtained for the land south of the lane (about 400 acres) but not for that north of the lane (about 60 acres) and this ...

  • ORB a.r.l. & Ors v Ruhan & Ors, Court of Appeal - Commercial Court, April 15, 2016, [2016] EWHC 850 (Comm)

    (1) a worldwide freezing order over the assets of the Claimants, the Fifth Party (Dr Cochrane) and the Seventh Party (``SMA'') (collectively ``the Orb Parties'') up to a value of £67,323,000 (``the March Freezing Order''); and (2) an order that the Orb Parties provide disclosure in relation to certain assets and transactions, verified on affidavit ...

    ...(7) two Italian parcels of land said to be suitable for development, one by Lake Como and one r Perugia;. (8) a four acre development site at Berrow in Somerset. Steephill. 123. The main ... Unicredit agreed to sell the debt to SMA for a discounted price of €5.5 million. The vehicle which SMA used to acquire the debt ...

  • Purfleet Farms Ltd v Secretary of State for Environment, Transport & the Regions, Court of Appeal - Lands Tribunal, April 10, 2001, [2001] EWLands ACQ_108_2000

    COMPENSATION - acquisition following blight notice - development land - planning assumptions - provision of open space - access - cost of necessary highway works - contribution towards general highway improvements - date of grant of assumed planning permission - deferment - net developable area - value per acre - comparables - deduction for poor g...

    ... - date of grant of assumed planning permission - deferment - net developable area - value per acre - comparables - deduction for poor ground conditions - addition for size - compensation £6,660,000 ... higher value on the grounds that the market at the valuation date was extremely good and the price would be the optimum of his two valuations. All types of purchasers would be present in numbers ...

  • Essex County Showground Group Ltd v Essex County Council, Court of Appeal - Lands Tribunal, April 28, 2006, [2006] EWLands ACQ_120_2004

    COMPENSATION - compulsory purchase - part of showground acquired for bypass - planning permission - whether land to be valued as racecourse - access arrangements - landscaping - claimant's costs of acquiring other land disallowed - severance - whether underpass to be provided to connect severed land - loss of opportunity to negotiate sale of land

    .... The claimant in this reference seeks compensation for the compulsory acquisition of about 18 acres of land forming part of the Essex County Showground at Great Leighs in Essex. The land was ... has costed its landscaping scheme (soft works) in the sum of £29,870 based on contract prices. In addition it has allowed a further £14,382 for the costs of planting on the remainder of the ...

  • Persimmon Homes (South Coast) Ltd v Hall Aggregates (South Coast) Ltd & Anor, Court of Appeal - Civil Division, October 22, 2009, [2009] EWCA Civ 1108

    1. By a Sale Agreement dated 22 December 1999 (the ``agreement''), the defendants, whom the judge called ``RMC'', as shall I, sold a large development site, which was about two kilometres in length and about 300 metres wide, known as Cherque Farm, Lee-on-Solent, in Hampshire. The buyer was the claimant, whom I shall call Persimmon. Nearly a decade

    ... workings had been exhausted, it had later been used for landfill, including putrescible waste. This made it difficult to price the ... Price of £45,830,872, which equates to £587,500 per net acre (78.01 net acres).. . The Purchaser's costs are to be deducted ...

  • Persimmon Homes (Wales) Ltd & Anor v County Borough Council, Court of Appeal - Lands Tribunal, September 28, 2004, [2004] EWLands ACQ_40_2002

    COMPENSATION - compulsory purchase - acquisition of land adjoining highway for improvement of junction and to provide access to housing land - proposed link road to proposed bypass - scheme underlying the acquisition - no scheme world - alternative access points - ransom value - whether value existed independently of the scheme - compensation £1,13...

    ... granted an option to purchase the whole or part or parts of the Dyffryn Dowlais site at a price or prices to be agreed or determined by arbitration. The option fee was £500. The purchase price ...(i) the total net developable area of the Dyffryn Dowlais site is 34.65 acres comprising 32.92 acres for residential development and 1.73 acres for the public house site;. (ii) ...

  • The Northampton Regional Livestock Centre Co Ltd v Cowling & Anor, Court of Appeal - Queen's Bench Division, January 23, 2014, [2014] EWHC 30 (QB)

    1. This case concerns the fiduciary and tortious duties of agents in relation to the sale of commercial property. In particular it concerns the duties of agents who act, or seek to act, for both the vendor and purchaser of commercial property in the same transaction and of company directors who instruct a firm in which they are a partner, to act fo...

    ... instructions from P in relation to the sale of the same land. . 3. As the facts of this case demonstrate, various permutations ...The vendor wants to sell for the highest price; the purchaser wants to buy for the lowest price. The incentives ... It sought to acquire a 12.7 acre site at Lilliput Road, Brackmills, Northampton (``the Site''). ...

  • Raymond & Anor v Young & Anor, Court of Appeal - Civil Division, May 14, 2015, [2015] EWCA Civ 456

    1. This is an appeal by the defendants, Mr and Mrs Young, against an award of £155,000 by way of damages for the diminution in value of the claimants' property caused by acts of harassment and nuisance. The award is contained in paragraph 5(4) of the order of Mr Recorder Duncan Smith which was made on 6 May 2014 following a trial in the Carlisle C...

    ... immediately sold off most of the farmland (84 out of 91 acres) to a neighbouring farmer. On 11 September 1968 Mrs Scott sold ... They have subsequently bought back some of the land which used to form part of the Farm up to its sale by Mrs Scott. ... case of a sale by auction but, in the event, the reserve price was not met. . 10. The Recorder heard expert evidence about ...

  • Snook v Somerset County Council, Court of Appeal - Lands Tribunal, April 02, 2004, [2004] EWLands ACQ_219_2000

    COMPENSATION - compulsory purchase - land for road widening - access to waste disposal tip - ransom value - residual valuation method rejected - compensation of £660,000 awarded to the four claimant parties IN THE MATTER OF A NOTICE OF REFERENCE BETWEEN H A SNOOK (1) M L SNOOK (2) R H SNOOK (3) Claimants A G SNOOK & Mrs J A PETHERHAM (4) and...

    ... The original area of about 74 acres included, in addition to the tip itself, offices, workshops, a composting site, a weighbridge and ... He rejected the approach of the council's valuer, which relied on prices paid for land for parts of landfill sites. Such prices did not reflect the true value of such land ...

  • Persimmon Homes (South Coast) Ltd v Hall Aggregates (South Coast) Ltd & Anor, Court of Appeal - Technology and Construction Court, October 10, 2008, [2008] EWHC 2379 (TCC)

    1. Pursuant to the terms of a Sale Agreement dated 22.12.99, the defendants (whom I shall call RMC) agreed to sell to the claimant (whom I shall call Persimmon) a large development site known as Cherque Farm, Lee-On Solent, in Hampshire (“the site”). The purchase price was £29,892,380. This figure was capable of being adjusted pursua...

    ...The purchase price was £29,892,380. This figure was capable of being adjusted ... were required to ensure that RMC could continue to use their land adjacent to the site for commercial purposes. 3. ... Price of £45,830,872, which equates to £587,500 per net acre (78.01 net acres)…. The Purchaser’s costs are to be ...

  • Jolley v Bolton Metropolitan Borough Council, Court of Appeal - Lands Tribunal, April 21, 2005, [2005] EWLands ACQ_27_2004

    1. This is a reference to determine the compensation payable for the compulsory acquisition of a former laundry in Bolton. It has been determined without an oral hearing under rule 27 of the Lands Tribunal Rules 1996. A statement of facts and bundle of documents (subsequently agreed) have been lodged and both parties have submitted written repre...

    ... He used as a comparable for the gross development value of plots 1 and 2 the sale price for a depot in Washington Street in September 1999 (£194,000) which he analysed to produce £26.18 ... land at Nelson Street, Bolton was sold in June 1999 at £185,000, equivalent to £92,500 per acre. This is Mr Prideaux's main comparable. Vacant storage land at Mill Street, Bolton was let by the ...

  • Agricultural Bulletin A Briefing For Farmers And Land Agents

    ...The timing couldn't have been worse. Lamb prices collapsed as the ban on exports resulted in a glut of lambs (particularly light lambs). ... under the Single Payment Scheme (SPS) could be down to £60-80 per hectare (£24-32 per acre). Fine tune your operations . With volatile markets, reduced support and increased legislation ...

  • Lepley v Essex County Council, Court of Appeal - Lands Tribunal, October 24, 2000, [2000] EWLands ACQ_92_2000

    1. This is a reference to determine the compensation payable to Miss Janet Lepley (``the claimant'') in respect of the acquisition of Lacey's Farm, Old Barn Lane, Rettendon Common, Essex, CM2 8HA (``the subject property'') by Essex County Council (``the acquiring authority''). The acquisition was connection with The Essex County Council (Great Du...

    ... There is a small fenced paddock adjacent to the stable yard, of about one quarter of an acre, the whole area of the house, buildings, gardens and paddock extending to approximately 1 acre. . ... the facts relating to the comparable sales, apart from Broadmore, Madles Lane, Stock and the price achieved for Giffords Farmhouse, Rettendon which I deal with below. The two negotiated ...

  • Upper Tribunal (Administrative Appeals Chamber), October 20, 2015, [2015] UKUT 568 (AAC)

    1. These are appeals by the information requester, Mr Stürmer, brought with my permission, against decisions of a First-tier Tribunal made on 11 October 2013. In my judgment, for the reasons set out below those decisions were wrong in law and I set them aside. In exercise of the power in s.12 of the Courts, Tribunals and Enforcement Act 2007 I re-m...

    ... 2006 the Second Respondent (the Council) contracted to sell land at sites in Bronte Street and Hawthorne Avenue, Mickley, .... 4. The difference between the price obtained by the Council and the price obtained on a resale of the ... bid then the final figure equates to around £170,000 per acre for the combined development sites. This is significantly lower ...

  • Barnet London Borough Council v No Respondent, Court of Appeal - Lands Tribunal, July 10, 2006, [2006] EWLands LP_75_2004

    1. The applicant in this case applied to the Tribunal on 26 October 2004 for the discharge or modification of a restriction contained in an indenture dated 3 November 1925 affecting land in its ownership. The land, 1.89 ha (4.67 area) in area, contains the football ground and associated buildings of Hendon Football Club. It has been leased to the...

    ... Under the indenture 57½ acres of land were conveyed by Handley Page Ltd to Hendon Urban District Council, and the restriction was ...9. Mr Goymour also produced a schedule of land values derived from the prices paid on the conveyances of the Handley Page land. This showed that the 57½ acres were sold to ...

  • Secretary of State for Business, Innovation & Skills v Pawson, Court of Appeal - Chancery Division, August 27, 2015, [2015] EWHC 2626 (Ch)

    Judgment1. His Honour Judge Hodge QC: This the trial of a claim issued in November 2014 by the Secretary of State for Business, Innovation and Skills to disqualify the defendant, Mr Philip Raymond Pawson, a qualified chartered accountant and non-practising barrister, aged 58, from acting as a director of a company arising out of his conduct of the...

    ... collective investment schemes was the marketing of plots of land for prices of between £5,000 and £25,000, at various sites. ... was to be arrived at by applying a rate of £400,000 per acre to the plot concerned, was one which would be less than the ...

  • The Northampton Regional Livestock Centre Company Ltd v Cowling & Anor, Court of Appeal - Civil Division, June 30, 2015, [2015] EWCA Civ 651

    1. Like many other livestock markets in the UK, the Northampton Livestock Market was dealt a mortal blow by the foot and mouth crisis of 2001. The livestock auction at Northampton closed permanently in October 2002 and shortly thereafter a decision was taken by the company which owned it, the precursor of the Appellant, to sell the site on which th...

    ...It sought to acquire a new 12.7 acre site at Lilliput Road, Brackmills, (``the Site''). For that ...9. The Site was sold to the Company by EP at a discounted price of £52,500, a relatively nominal consideration to reflect its ...These adjacent sites were known as D1, which was land to the north of the Site; and a green space site to the south. I ...

  • Cherkley Campaign Ltd, R (on the application of) v Longshot Cherkley Court Ltd, Court of Appeal - Administrative Court, August 22, 2013, [2013] EWHC 2582 (Admin)

    MR JUSTICE HADDON-CAVE: ``The planning system...is created as an instrument of government, as a means of restricting private land use rights in the interests of the community as a whole.'' (Sir Malcolm Grant, Urban Planning Law, 1982 edition, p. 6). Introduction Preamble 1. This case engages the fundamentals of planning law. By its origins, ...

    ... instrument of government, as a means of restricting private land use rights in the interests of the community as a whole.'' (Sir ...It totals approximately 375 acres, including 195 acres of farmland. It comprises a main house, ...However, the price to be paid is the imposition of a golf course on over 40% of the ...