price of land per acre

262 results for price of land per acre

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  • Nirah Holdings Ltd v British Agricultural Services Ltd & Anor, Court of Appeal - Commercial Court, September 11, 2009, [2009] EWHC 2282 (Comm)

    1. On 22 December 2005 the defendants, British Agricultural Services Limited and Hanson Building Products Limited (hereafter ``Hanson''), formerly the London Brick Company, granted the claimant NIRAH Holdings Limited (hereafter ``NIRAH'') an option to purchase approximately 180 acres of a clay pit in Marston Vale in Bedfordshire known as Quest Pit.

    ... ``NIRAH'') an option to purchase approximately 180 acres of a clay pit in Marston Vale in Bedfordshire known as Quest Pit. ...This was to be from a Council-owned landfill site at North Elstow, over 3 kilometres away from Quest Pit, just ... wished to acquire was clearly worth more than £1 and the price could not be justified commercially even taking account of ...

  • Funnell & Anor v Adams and Remer (A Partnership), Court of Appeal - Queen's Bench Division, September 28, 2007, 119 Con LR 193,[2008] BLR 206,[2007] EWHC 2166 (QB)

    1. In this case the claimants claim damages from the defendant, a firm which, at the material time, acted as their solicitors, for negligence, alternatively breach of contract, arising out of the entering by the claimants of a commercial lease. 2. It is not disputed that the defendant was negligent. The issues with which I have to deal concern th...

    ... have carried on a business of tree surgeons and landscape gardeners working for local authorities and wealthy private ..., in 2001, to take an assignment of the lease at a good price, the claimants decided to extricate themselves from the lease by ... of rents were rising in the area and, by 1999, rents per acre of those sites were in excess of £20,000 per annum. In his ...

  • Groveholt Ltd v Hughes & Anor, Court of Appeal - Chancery Division, June 20, 2008, [2008] EWHC 1358 (Ch)

    2. On 24th April 2008 the Claimant issued an application to amend its Summary Judgment application to seek an order that the First Defendant (``Mr Hughes'') is obliged to deduct from any payment to which he would otherwise be entitled under the Agreement dated 9th April 1998 the amount of the Infrastructure and Site Assembly costs incurred by Sains...

    ... which the Claimant contends it can make from the purchase price due to the First Defendant under the agreements below will ... The action is a redemption action by the Claimant over land which is charged to secure purchase monies due under an agreement ... development in respect of a minimum of 16.8 acres of net developable area within the Phase One Residential ...

  • Swift v Barnsley Metropolitan Borough Council, Court of Appeal - Lands Tribunal, June 07, 2004, [2004] EWLands ACQ_22_2002

    COMPENSATION - Compulsory Purchase - 458m2 of grassland, formerly site of dwelling house - valuation of freehold - whether planning permission to be assumed for construction of new dwellinghouse - whether valuation to reflect hope of future planning consent - three sites within CPO acquired at very different prices per m2 - compensation of £750 awa...

    ... reflect hope of future planning consent - three sites within CPO acquired at very different prices per m2 - compensation of £750 awarded. IN THE MATTER OF A NOTICE OF REFERENCE. BETWEEN. DONALD ... Acquisition by private treaty, with CPO powers in the background, of 4.73 ha (11.68 acres) approximately. Price £35,000, each party paying its own costs. Date of transfer 16 December ...

  • Roberts & Anor v South Gloucestershire District Council, Court of Appeal - Lands Tribunal, September 27, 2001, [2001] EWLands ACQ_90_1993

    COMPENSATION - Compulsory purchase of land for the construction of a road - value - assumed planning permission - value of minerals - planning permission for a commercial minerals operation not granted or to be assumed - compensation assessed on basis of agricultural value at £17,000 - Alternative valuation (Rule 50(4) Lands Tribunal Rules 1996) £8...

    ...3.1 The subject land comprised 1.6 hectares (3.95 acres) of agricultural land lying to the east of, and having a frontage to, Abbots Road, Hanham, Bristol, ...Following research into stone prices in 1991 Mr. Salmon assessed the value of dressed stone for building at £100 per tonne, the ...

  • Lexi Holdings v Luqman & Anor, Court of Appeal - Chancery Division, July 16, 2008, [2008] EWHC 1639 (Ch)

    1. On 16th November 2007 I handed down judgment on applications for summary judgment pursuant to CPR Part 24 against the second, third and fourth defendants. They are respectively the brother and sisters of the first defendant, one Shaid Luqman (“Shaid”). In paragraph 4 of that judgment I said: “… the claim, if it is well founded,

    ... they should have informed Barclays as syndicate agent or Price Waterhouse Coopers (“PWC”) or KPMG as syndicate advisers of ... from publicly available records (for example at HM Land Registry) as they could obtain. 129. Barclays appears to have ... a loan of £6.7 million from Lexi to Shaid’s company Ten Acre Limited by a transaction plainly in breach of s.330, and there ...

  • Cohen v Knowsley Metropolitan Borough Council, Court of Appeal - Lands Tribunal, August 27, 2004, [2004] EWLands ACQ_123_2001

    1. This is a reference to determine the amount of compensation (if any) payable to Mayer Mattes Cohen (``the claimant'') in respect of the compulsory acquisition of Camberley House, Frensham Way, Halewood, Merseyside (``the subject property'') by Knowsley Metropolitan Borough Council (``the acquiring authority'' or ``the council'') under the Metrop...

    ... It occupied a level site of approximately 0.83 acre in the centre of the Mackets Lane estate, a large post-war municipal housing estate comprising over ... for some refurbishment to Camberley House, it was potentially a good investment at the quoted price. Following acceptance of his offer, a solicitor was instructed who agreed the terms of transfer ...

  • Hallam Land Management Ltd v UK Coal Mining Ltd & Anor, Court of Appeal - Civil Division, May 30, 2002, [2002] EWCA Civ 982,[2002] 35 EG 96

    2. LORD JUSTICE RIX: In this appeal, which comes before the court with the leave of the judge, His Honour Judge Reid QC sitting as a judge of the High Court, Hallam Land Management Ltd, as appellant (``Hallam''), seeks to reverse a ruling that it has failed to bring itself within the terms of an option agreement for the purchase of a parcel of 45 a...

    ... to bring itself within the terms of an option agreement for the purchase of a parcel of 45 acres of land situated in Orgreave in the Borough of Rotherham in South Yorkshire (``the property''). 3. .... 8. The relevant terms of the agreement are as follows. The price of the option was stated in clause 2 to be £5,000. Clause 1.1 and the first schedule defined ``the ...

  • Waters & Ors v Welsh Development Agency, Court of Appeal - Civil Division, June 26, 2002, [2003] 4 All ER 384,[2002] JPL 1481,[2002] RVR 298,[2002] EWCA Civ 924

    1. This is an appeal from the decision of the President of the Lands Tribunal (George Bartlett QC) on preliminary issues arising from claims to compensation by landowners at Nash, near Newport, Gwent. It raises difficult questions as to the application of the so-called "Pointe Gourde" rule (or "no-scheme rule"), that compensation for compulsory pu...

    ...COURT OF APPEAL (CIVIL DIVISION). ON APPEAL FROM THE LANDS TRIBUNAL. Royal Courts of Justice. Strand, . London, WC2A 2LL. ... The various parcels total about 225 acres. They were included, along with other land, amounting in total to ... so far as it would have led a purchaser to offer a higher price in "friendly negotiations". However, having raised the point, the ...

  • Cadogan v Moussaieff, Court of Appeal - Lands Tribunal, September 15, 2005, [2005] EWLands LRA_08_2005

    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 ...

  • Cadogan & Anor v 55/57 Cadogan Square Freehold Ltd, Court of Appeal - Lands Tribunal, September 15, 2005, [2005] EWLands LRA_62_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 ...

  • Cadogan & Anor v No Respondent, Court of Appeal - Lands Tribunal, September 15, 2005, [2005] EWLands LRA_18_2005

    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 ...

  • Arbib v Cadogan, Court of Appeal - Lands Tribunal, September 15, 2005, [2005] EWLands LRA_23_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 ...

  • Vertical Properties Ltd v New Hampstead Garden Suburb Trust Ltd & Ors, Court of Appeal - Lands Tribunal, March 01, 2010, [2010] UKUT 51 (LC)

    1. This is an application to modify restrictions on the Property under section 84(1) of the LPA 1925. The application relies on ground (aa). The Property is 24 Ingram Avenue in Hampstead Garden Suburb. There are two sets of restrictions which the Applicant seeks to modify. They both reflect restrictions entered into in 1936 when a long leaseh...

    .... 26. The original area of the Suburb was 243 acres purchased from the Trustees of Eton College in 1906 by the Hampstead Garden Suburb Trust Limited ... Refurbished he would have expected a price for the house, off the top of his head, in the £12,000,000 to £15,000,000 range. 61. It was not ...

  • National Westminster Bank Plc v Rabobank Nederland, Court of Appeal - Commercial Court, May 11, 2007, [2007] EWHC 1056 (Comm)

    1. In March 1996 Rabobank Nederland (`` Rabobank '') and National Westminster Bank (``NWB'') each agreed to extend to Yorkshire Food Group plc (``YFG'') an unsecured credit facility of US$50 million thereby providing YFG with a total facility of US$100 million. Rabobank was the second largest bank in the Netherlands. NWB was one of the largest

    ..., representatives of both banks met representatives of Price Waterhouse (``PW'') on 29 August 1996 and duly instructed that ... purpose was to finance part of the purchase price of 1685 acres of land in California on which almond orchards were to be ...

  • Severn Trent Water Ltd v Barnes, Court of Appeal - Civil Division, May 13, 2004, [2004] EWCA Civ 570

    1. This is the appeal of the defendant Severn Trent Water Ltd (``Severn Trent'') which is a well-known water undertaker. It has statutory powers conferred upon it to lay and maintain water mains under s.159 of the Water Industry Act 1991 (``the 1991 Act'') under which there are provisions for payment of compensation either by agreement or pursuant...

    ... the claimant (``Mr Barnes'') a private individual and landowner against Severn Trent who, without the knowledge or permission of ... Barnes, laid part of a water main under the corner of a 2.38 acre parcel of grazing land owned by Mr Barnes and let by him under an ...] of the water main'', claimed on the basis of ``a fair price for the benefit obtained by the defendant from its wrongful use'' ...

  • 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 ...

  • Crane Road Properties Llp v Hundalani & Ors, Court of Appeal - Chancery Division, July 28, 2006, [2006] EWHC 2066 (Ch)

    1. Both titled actions, which were ordered to be tried together, concern disputed rights and liabilities over Crane Road, a private roadway leading south of Bedfont Road, Stanwell. The issues range from disputes over liability to contribute to the costs of making up the road, removal of rubbish and installation of security gates to complaints of o...

    ... owners of Crane Road together with certain adjoining land under title no. SY 668994. Access over the road is enjoyed by ... But the price they were prepared to pay was not acceptable. Attachment A to ... well as seeking an option over the Globe land at £1.1m per acre. The price was not acceptable to the Hundalanis. Planning ...

  • HM Inspector of Taxes v Cobrin, Court of Appeal - Lands Tribunal, April 06, 2005, [2005] EWLands TMA_110_2003

    TAX - Capital Gains Tax - former garage showrooms and workshops - value as at 31 March 1982 - likelihood of planning permission for alternative development - discount to reflect fact that no planning consent existed - value determined at £517,500 - Capital Gains Tax Act 1979, s150 IN THE MATTER of a NOTICE OF REFERENCE BETWEEN PHILIP SPENCE...

    ... The site, which had vehicular access from both roads, had an area of 0.124 hectares (0.306 acres) and was in a prominent position adjacent to shops, housing and a cinema. Immediately to the ...Issue. 9. The sole issue for my determination is the price which the land might reasonably be expected to fetch on a sale in the open market at the relevant ...

  • Hopper v Hopper & Ors, Court of Appeal - Chancery Division, February 19, 2008, [2008] EWHC 228 (Ch)

    1. Robert Edward Hopper (“Mr Hopper”) died suddenly on 3rd December 2003, leaving his widow June (“Mrs Hopper”), three sons, Robert, Philip and Paul, and a daughter Carol. By his will dated 28th April 1977 he left his estate to his wife (should she survive him for 28 days) and in default to his four children equally. Mrs Hopper did survive him...

    ... issues as to precisely which members of it) to purchase a 39 acre farm known as Sheephouse Farm, Shiplake, Henley-on-Thames, Oxon ... The farm was further augmented by the acquisition in 1984 of land on the opposite side of the A4155 known (because of the use to ... The price was probably derived from the profits of the market business. It ...

  • Hill v Spread Trustee Company Ltd & Anor, Court of Appeal - Civil Division, May 12, 2006, [2006] EWCA Civ 542,[2006] BCC 646,[2006] BPIR 789,[2007] 1 BCLC 450,[2007] 1 WLR 2404,[2007] 1 All ER 1106,[2006] WTLR 1009,[2007] Bus LR 1213

    1. The judgment under appeal in this case occupies nearly eighty pages of the law reports ([2005] BPIR 842). It concerns claims made by the trustee in bankruptcy of a Mr Nurkowski to obtain relief under section 423 of the Insolvency Act 1986 (``the 1986 Act'') in respect of a settlement made by Mr Nurkowski in favour of his daughter, and in respec...

    ..., owned two fields, called respectively OS149 (3½ acres) (``the bottom field'') and OS160 (4½ acres) (the bottom ... stated, when I refer to OS 149, I include a small parcel of land forming part of the top field which was known as OS 149A). The ... that he would sell OS 149 and OS 160 for a total aggregate price of £2m. The purchase of the bottom field was not conditional on ...

  • Skanska Construction UK Ltd v Egger (Barony) Ltd., Court of Appeal - Technology and Construction Court, July 30, 2004, [2004] EWHC 1748 (TCC)

    2. At the outset of this trial there were many hundreds of quantum issues left in dispute. By and large those of value of less than £1,000 have been settled as a result of the indefatigable efforts of junior counsel in this case. Many items of complexity and value have been considered by the Quantum experts Mr Ian Wishart for S.C.L. and Mr Simper...

    ... Furthermore, no landfill tax is payable on spoil deposited there. There is no evidence ... for a wood turning lathe at tender does not encompass a half acre factory/warehouse facility with complex wrapping and packing ... works and therefore forms part of the contractor's price. 100. Professor Masterton in evidence accepted that within the ...

  • Fairclough Homes Ltd, Re Law Of Property Act 1925, Court of Appeal - Lands Tribunal, June 08, 2004, [2004] EWLands LP_30_2001

    RESTRICTIVE COVENANT - modification -estate of single houses on large plots - development of 20 flats - ground (aa) - effect on immediate neighbour - effect on character of area - precedent - application refused. IN THE MATTER AN APPLICATION UNDER SECTION 84 OF THE LAW OF PROPERTY ACT 1925 BY FAIRCLOUGH HOMES LIMITED Applicant Re: No 60 Wig...

    ... land at present consists of a large single house, now derelict, standing in grounds of 1.28 acre, and a strip of undeveloped land about 50 feet wide immediately to the west. The area of the two ... there were no proposals to redevelop no 60, at £950,000, on the basis of sales and asking prices in the area. His joint report with Mr Cooke stated that both valuers regarded the recent sale of a ...

  • Yorkshire Traction Company Ltd v South Yorkshire Passenger Transport Executive, Court of Appeal - Lands Tribunal, November 08, 2002, [2002] EWLands ACQ_191_2000

    COMPENSATION -compulsory acquisition of bus station - value - method of valuation - use of RICS Red Book - disturbance - relocation of offices and canteen - claim for additional rent - value for money - works and change of control following acquisition - loss of revenue - proof - method of calculation - advertising - compensation awarded £782,776 ...

    ... It is roughly oblong in shape, narrowing towards Kendray Street. The site area is 1.23 acres (0.498 hectare). . At the time of acquisition the South Bus Station was laid out and operated by ... what he could afford to pay in notional rent as a step in the calculation of his purchase price for the South Bus Station and ancillary properties. In my judgment he would not treat the whole of ...

  • Agricultural Bulletin - A Briefing For Farmers And Land Agents - Winter 2011/12

    ... FULL STEAM AHEAD. The latest statistics on land prices show the market is not running out of steam. According to the Rural Institution of Chartered ... The 'opinion-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% increase). Pastureland values rose ...