price of land per acre

255 results for price of land per acre

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  • Harding Homes (East Street) Ltd & Ors v Bircham Dyson Bell (a firm) & Anor, Court of Appeal - Chancery Division, November 24, 2015, [2015] EWHC 3329 (Ch)

    1. The second to fourth claimants are builders who were liable under a guarantee (``the Guarantee'') of the company claimant's liabilities in relation to a development (``the Development'') in Colchester to a bank, GMAC-RFC Property Finance Limited, known as GMAC. The defendants are firms of solicitors. It is common ground that the proper defendan...

    ... have agreed a full and final settlement with GMAC at a price of £2m (alternatively not more than £3m) by no later than ... . 14. At the back of some land that the claimants had already developed was the Old Mill Site, ... in cross-examination that his statement that he owned a 140 acre site at Harwich was incorrect as he merely had an option over the ...

  • Day & Anor v 32 Rosary Gardens (Freehold) Ltd, Court of Appeal - Lands Tribunal, September 15, 2005, [2005] EWLands LRA_87_2004

    LEASEHOLD ENFRANCHISEMENT - houses and flats in central London - appeals heard together regarding deferment rate - no convention that 6% established - absence of market evidence - decisions of LVTs and Lands Tribunal - settlements - financial markets - index-linked gilts - appeals allowed - deferment rates of 4½%, 4¾% and 6.4% applied - Leasehold R...

    ... DECISION. INTRODUCTION. 1. These are six appeals (heard together) relating to the price payable on enfranchisement or for an extended lease for houses or flats in central London. Four ... At the rear is an attractive, secluded garden of approximately one quarter of an acre. Internally, there was little (if any) change since the house was built in 1934 until alterations ...

  • Evans & Ors v Lloyd & Anor, Court of Appeal - Chancery Division, June 24, 2013, [2013] EWHC 1725 (Ch)

    1. Wynne Evans (``Wynne'') was a farm worker. His entire working life from the age of fourteen was spent in the service of the proprietors of the farm known as Cefnbarrach, Trefeglwys, Caersws--latterly the defendants, Mr David Lloyd (``David'') and his wife Mrs Elizabeth Lloyd, and before that David's parents and grandparents. During the whole o...

    ..., which comprised a house and outbuildings and about fifteen acres of land. Ieuan, Emlyn and Howell resided at Tanyfron for most of ... He did not retain the sale price of £20,000 but instead gave it to the Lloyds to build a new ...

  • Cotton & Anor v Brudenell-Bruce & Ors, Court of Appeal - Civil Division, October 17, 2014, [2014] EWCA Civ 1312

    1. Everyone now agrees that Tottenham House, Savernake, Wiltshire (``Tottenham House'') which is the principal asset of the Savernake Estate, must be sold. It has been unoccupied since the 1990s, is decaying fast, and is on English Heritage's `at risk' register. It comprises two huge properties: the grade 1 listed house itself running to some 92,

    ...7. The parties differ as to whether the intended sale price is a good one that represents an opportunity not to be missed (as ... House including the house, the stable block and 424.7 acres of surrounding land (including some 303.7 acres of pasture and ...

  • 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 ...

  • Moore v Moore, Court of Appeal - Chancery Division, August 19, 2016, [2016] EWHC 2202 (Ch)

    1. Manor Farm is in Stapleford, near Salisbury in Wiltshire. It is a 650-acre arable farm (although it did for a time have a dairy herd) which for four generations has been run by the Moore family. Since 2008 the Farm has been run as a Partnership by Stephen Moore, the Part 20 Claimant, Stephen's father Roger Moore, the Part 20 Defendant, and Till

    ...It is a 650-acre arable farm (although it did for a time have a dairy herd) which ... an equity over the farming business, including the freehold land, operated by the Partnership. . 3. Stephen was represented by ... for by a reduction in Stephen's partnership account, a price which on Geoffrey's evidence was set because of the promise - as ...

  • 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 ...

  • Alisha House, Re v, Court of Appeal - Lands Tribunal, March 14, 2008, [2008] EWLands LP_83_2005

    LP/83/2005 LANDS TRIBUNAL ACT 1949 RESTRICTIVE COVENANT - discharge - modification - proposed residential redevelopment of application land - whether recently imposed covenant was obsolete - whether practical benefits of substantial value or advantage secured - whether local authority objector agreed to application by implication ­ effect of grant

    ...12. The application land is irregular in shape and has an area of 0.792 hectares (1.957 acres). It is divided into two parts. To the south is the plot of Alisha House, a substantial two-storey ...Younger people had moved away, school rolls were falling and house prices were lower than in Peterlee. The council's attempts at economic regeneration of Horden had not been ...

  • H J Banks & Company Ltd v Speight & Anor, Court of Appeal - Lands Tribunal, January 31, 2005, [2005] EWLands RA_239_1995

    RATING - private opencast coal sites - valuation - royalties and market evidence - comparison with British Coal assessments - tone of the list - methods of valuation - respondent valuation officers' valuations accepted. IN THE MATTER OF NOTICES OF APPEAL BETWEEN H J BANKS AND COMPANY LIMITED Appellants and ANTHONY SPEIGHT And Respond...

    ... (VO) and Westminster City Council [1984] RA 213Lamb v Minards (VO) [1974] RA 153Howarth v Price (VO) (1965) 11 RRC 196Kingston Union Assessment Committee v Metropolitan Water Board [1926] AC ... are usually expressed as payments per tonne of coal extracted, a lump sum or payment per acre for surface area. . 185. Mr Crawford rejected the agreed surface rent of £2 per tonne as ...

  • Consortium Commercial Developments Ltd v ABB Ltd, Court of Appeal - Technology and Construction Court, July 30, 2015, [2015] EWHC 2128 (TCC)

    2. The lease was granted in 1996 by the claimant to a predecessor of the defendant for a term of 15 years expiring on 16 June 2011.The demised premises are known as Capella House, Snowdon Drive in Milton Keynes (formerly known as Citylink House). 3. The estimated cost of remedying the breaches of covenant has been agreed as follows (net of VAT, wh...

    ... repair costs (fl95,665.77)is capped by s18(1) of the Landlord and Tenant Act 1927;. ii) Whether on the facts ofthe case the ... examples are (inclusive of preliminaries and fees, at 2011 prices):. i) because the air-conditioning system was not maintained, it ..., comprising a warehouse and 6,000 sq ft of offices on a 1.5 acre plot. Mr. Steevens said he had walked past it, and the state of ...

  • Star Energy Weald Basin Limited and another (Respondents) v Bocardo SA (Appellant)

    ...The rest of the Oil Field lies under land in different ownerships. Petroleum cannot be recovered from an ... assessed on a wayleave or user basis, their measure is the price that reasonable persons in the position of the parties would have ... [1987] 2 EGLR 233, 248, an increase from £40 per annum per acre to £45 for the rights over the additional land sought by the ...

  • Land & Property Ltd v Restormel Borough Council, Court of Appeal - Lands Tribunal, August 09, 2004, [2004] EWLands LCA_47_2002

    COMPENSATION - modification of planning permission by deletion of retail use from permitted development - depreciation in land value - no approval of reserved matters at valuation date - basis of valuation - whether it is to be assumed that approval granted - compensation for depreciation in land value, £1,586,000 - abortive costs - professional fe...

    ... The total site area is 49 acres (20 hectares). It was developed from the early 1970s, first with small units and then with some ... agreed to sell the reference land to Castle Court Retail Limited subject to clause 2 at a price of £3m plus VAT. Clause 2 required Castle Court to apply for planning permission in joint names ...

  • 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 ...

  • Felton Homes Ltd, Re Law Of Property Act 1925, Court of Appeal - Lands Tribunal, December 02, 2004, [2004] EWLands LP_3_2003

    RESTRICTIVE COVENANT - modification - discharge - restriction limiting development on plot to one dwellinghouse - application to amend to permit dormer bungalow in rear garden - no interference with objectors' amenities - change in character of estate as some areas developed to greater density - many covenants on estate no longer enforceable - whet...

    ... The Caldy Manor estate comprises an area of land of approximately 243 hectares (600 acres) which was formerly held with Caldy Manor by Caldy Manor Estate Ltd (CMEL). That company acquired ... Factors which had contributed to this change included the high price of land, planning restrictions and a market preference for smaller gardens with the associated ...

  • Squibb Group Ltd v London Pleasure Gardens Ltd & Anor, Court of Appeal - Technology and Construction Court, November 01, 2013, [2013] EWHC 3275 (TCC)

    1. The 2012 Olympics provided opportunities for the regeneration of tracts of land in East London. In November 2010 various bodies, including the London Mayor and the Mayor of Newham launched the ``Meanwhile London Project'', the aim of which was to provide temporary uses for sites around the Royal Docks and Canning Town pending longer-term regene...

    ... provided opportunities for the regeneration of tracts of land in East London. In November 2010 various bodies, including the ... One such site was the Pontoon Dock Site in Silvertown, a 20 acre area of contaminated land situated between the Excel Centre and ... The agreed price for the additional works was £60,000 plus VAT, which was paid by ...

  • Thomas v The Highways Agency, Court of Appeal - Lands Tribunal, May 02, 2008, [2008] EWLands ACQ_1_2007

    ACQ/1/2007 LANDS TRIBUNAL ACT 1949 COMPENSATION ­ compulsory purchase ­ acquisition of bungalow, farm buildings and land forming part of smallholding in connection with motorway scheme ­ valuation ­ comparables ­ disturbance ­ Land Compensation Act 1961 section 5, rules (2) and (6) ­ compensation determined at £505,000 IN THE MATTER of A NOTICE OF

    ..., adjacent paddock, farm buildings and land extending to approximately 7,800 sq m (1.927 acres) as designated within the CPO, and items of disturbance relating to the acquisition (which I set ...That was a September 1989 figure and, Mr Thomas said, the house price indices showed a 9% increase in values by the valuation date, which gave £395,000. Thus, he said, ...

  • Earlrose Golf and Leisure Ltd & Anor v Fair Acre Investments Ltd, Court of Appeal - Civil Division, December 03, 2009, [2009] EWCA Civ 1295

    1. This is an appeal against a decision on an assessment of damages for trespass made by Deputy Master Matthews on 25 February 2009. The assessment was made pursuant to the order dated 21 February 2006 made by Mr Launcelot Henderson QC (as he then was), sitting as a Deputy Judge of the High Court in the Chancery Division. His order followed a trial...

    ... and interest that the defendants must pay Fair Acre in respect of their trespass on its land for the five-year period from 1 June 2001 to 31 May 2006. The defendants are Earlrose Golf & ... user would take them all into account in assessing the risk they represented and would price the land accordingly. In valuing the land, it was not, however, sufficient to consider merely the ...

  • RMC (UK) Ltd v London Borough Of Greenwich, Court of Appeal - Lands Tribunal, January 14, 2005, [2005] EWLands ACQ_6_2003

    COMPENSATION - compulsory purchase - sites on Greenwich Peninsula acquired for millennium exhibition and longer term development - planning assumptions - Pointe Gourde principle - comparables - £3,850,000 and £450,000 awarded IN THE MATTER OF TWO NOTICES OF REFERENCE BETWEEN (1) RMC (UK) LIMITED (2) ACE ELECTRICAL DISTRIBUTORS LIMITED Claimants ...

    ... The first plot, 2.59 acres in area, belonged to RMC (UK) Limited (``RMC'') and was described in the CPO as ``Derelict ... Demand from house buyers had forced prices upwards and the buoyant economy with low interest rates had made property appear a good investment. ...

  • Coles & Anor, Re Law Of Property Act 1925, Court of Appeal - Lands Tribunal, October 04, 2004, [2004] EWLands LP_2_2003

    RESTRICTIVE COVENANT - restriction to two detached bungalows not exceeding one storey in height - application to modify the restriction so as to permit the retention and completion of a partly constructed first floor extension on the sole property occupying the site - whether practical benefits of substantial value or advantage secured by the restr...

    ... The plot upon which it stands, at about 0.7 acres, is L-shaped, and the front and main side gardens abut the western and southern boundaries of ... in April 2001 for £220,000, and as a check, he applied the Nationwide Building Society House Price Index for the intervening period. Taking the evidence in to account, he came to the view that ...

  • Blue Haven Enterprises Ltd v. Tully & Anor, Court of Appeal - Privy Council, February 21, 2006, [2006] UKPC 17

    The issue on this appeal is whether in the events which have happened the appellant, Blue Haven Enterprises Ltd (``Blue Haven''), can succeed in its claim for unjust enrichment against the 2nd respondent, Mr Robinson. Their Lordships have concluded, in agreement with the trial judge, Langrin J, and the majority in the Court of Appeal, Downer JA an...

    ... The estate is about 95 acres in extent. In 1985, when the story begins, the estate was ... contended that he was entitled to an abatement of the price to take account of the substantially reduced acreage that Mrs ... any existing contract of sale in relation to the said land otherwise than to [Mr Robinson]''. Mrs Tully appealed but on 13 ...

  • Full Steam Ahead

    The latest statistics on land prices show the market is not running out of steam. According ...-based' measure saw arable land prices rise to £6,681 per acre, compared to £6,368 per acre in the second half of 2010 (a 5% ...

  • Woodford Land Ltd v Persimmon Homes Ltd, Court of Appeal - Chancery Division, April 15, 2011, [2011] EWHC 984 (Ch)

    2. The rectification claim concerns an option agreement (``the Agreement'') for the sale of a development site in Doncaster made on 27 February 2006 between the claimant, Woodford Land Limited (``Woodford''), as vendor and the defendant, Persimmon Homes Limited (``Persimmon'') as purchaser. Woodford says that both parties entered into the Agreement...

    ..., provided for the costs in question to be deductible as development costs from the purchase price payable by Persimmon; and that the Agreement should therefore be rectified so as to give effect to ... . 10. The site in question (``the Site'') extends to about 43 acres and was formerly used as the Bombardier Railway Works, otherwise known as the Doncaster Rail ...

  • Scottish & Newcastle Retail Ltd v Williams (VO), Court of Appeal - Lands Tribunal, February 22, 2000, [2000] EWLands RA_480_1993

    RATING - valuation - rebus sic stantibus - public house and public house /licensed cafe/bar - standard units in covered shopping centre - potential for use as shops or restaurants - whether requisite physical alterations within rebus sic stantibus rule - the test for this - mode or category of use - the test for this - held both physical alteration...

    ... A "zone A" price, expressed in terms of £s per square metre, is applied to the first 8.8 metres of depth from the ... argued that, if an addition had to be made for the land containing brick earth, the sum per acre ought not to exceed the value of the best garden ground in the parish. Lord Denman rejected both ...

  • 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 ...

  • Griffiths & Anor v City & County Of Swansea, Court of Appeal - Lands Tribunal, August 22, 2003, [2003] EWLands ACQ_35_2002

    COMPENSATION - Compulsory acquisition of agricultural land for strategic redevelopment - actual and assumed planning permission (ss 14-16 Land Compensation Act 1961) - abnormal development costs - valuation - compensation £500,000 IN THE MATTER of A NOTICE OF REFERENCE BETWEEN JESSIE MARIANNE GRIFFITHS and Claimants SARA ELIZABETH LLEWEL...

    ... It extends to 0.42 ha (1.04 acres) and has, centrally located within it, a high-voltage electricity pylon. The parties have agreed ... during the hearing that not only was Mr Peacock's figure of £5,000 for grouting at 2002 prices, and would need to be amended to the appropriate figure at the valuation date, but it also did not ...