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Compensation claim Lands Tribunal decision

Language: English Series: Estates Gazette ; [1961] 180 EG 839-844(4)Publication details: London Estates Gazette 1961Description: 4p. 30cmUniform titles:
  • Stokes v Cambridge Corporation
Subject(s): LOC classification:
  • 711.14 $2 18
Summary: LT/148/1960, 30 November 1961. Concerns a compulsory purchase order of land zoned for industry, with an important issue of access. S claimed compensation from C after the local authority had valued the land at an unduly low level. "Held": S had been led into selling the land at an unduly low figure. C owned the access land, but it would be a mistake of law to pay regard to this. However, the position had to be considered through the eyes of a prospective purchaser, including the fact that C also owned other land which would probably be re-zoned as industrial. The price of access land should be one-third of the increase in value of the land acquired. Compensation and S's costs payable by C.

[1962] 13 P&CR 77-92(16)

LT/148/1960, 30 November 1961. Concerns a compulsory purchase order of land zoned for industry, with an important issue of access. S claimed compensation from C after the local authority had valued the land at an unduly low level. "Held": S had been led into selling the land at an unduly low figure. C owned the access land, but it would be a mistake of law to pay regard to this. However, the position had to be considered through the eyes of a prospective purchaser, including the fact that C also owned other land which would probably be re-zoned as industrial. The price of access land should be one-third of the increase in value of the land acquired. Compensation and S's costs payable by C.