Shiresight Ltd v Department of Transport
Shiresight Ltd v Department of Transport
- 1992
- Rating & Valuation Reporter (1992) 32 RVR 229-236(8) .
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.
COMPENSATION
Compulsory purchase
LISTED BUILDINGS
ROAD
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.
COMPENSATION
Compulsory purchase
LISTED BUILDINGS
ROAD