Shiresight Ltd v Department of Transport
Language: English Series: Rating & Valuation Reporter ; (1992) 32 RVR 229-236(8)Publication details: 1992Subject(s): Summary: LT 16 October 1992. The DTp(D) compulsorily purchased land, including a grade 2 listed Queen Anne style house. Entry was taken on 5 October 1987, which was the valuation date. At the valuation date the property had the benefit of two planning consents deated 3 March 1987, both contained conditions relating to occupation and access improvements. The property was then sold, and re-sold to the claimants (S) for £300,000 with the right to compensation for acquisition except for the first £500 of the claim. S then sold the property at auction for £202,000 without the right to compensation. Whilst S owned the property they purchased 2.35ac of adjoining land to provide new vehicular access to enable the property to be developed as a leisure enterprise. S sought compensation of £148,000. It was "held" that compensation payable by D was £70,300.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Law report | London Journal article | ABS47622 (Browse shelf(Opens below)) | 1 | Available | 62680-1001 |
LT 16 October 1992. The DTp(D) compulsorily purchased land, including a grade 2 listed Queen Anne style house. Entry was taken on 5 October 1987, which was the valuation date. At the valuation date the property had the benefit of two planning consents deated 3 March 1987, both contained conditions relating to occupation and access improvements. The property was then sold, and re-sold to the claimants (S) for £300,000 with the right to compensation for acquisition except for the first £500 of the claim. S then sold the property at auction for £202,000 without the right to compensation. Whilst S owned the property they purchased 2.35ac of adjoining land to provide new vehicular access to enable the property to be developed as a leisure enterprise. S sought compensation of £148,000. It was "held" that compensation payable by D was £70,300.