Image from Google Jackets

Lucas v Ogden

Language: English Series: Estates Gazette ; (8832) 13 August 1988, 45-49(3)Publication details: 1988Subject(s): Summary: CA 9 May 1988. The defendant (O) was a surveyor , who in January 1985 carried out a survey for the plaintiff (L) who was contemplating purchase of a property. The survey contained a number of statements on the condition of the property and a valuation of £53,000-£56,000, which pleaded that "it is always difficult to put an exact figure on a mixed village residential/commercial property of this nature". L claims that on the basis of this he purchased the property for £74,500, £14,500 of which was attributable to fixtures and goodwill. It was later ascertained that the property was defective to a degree not revealed in the report and the value with defects is £52,500. A claim of negligence was made against O. The question arose as to what damages should be paid, whether it should be the difference between £52,500 and £53,000 or £56,000. It was held that the latter case should hold. An appealed on the basis that L should be awarded the difference between the price paid and market value
Holdings
Item type Current library Call number Copy number Status Barcode
Law report London Journal article ABS39662 (Browse shelf(Opens below)) 1 Available 18109-1001

CA 9 May 1988. The defendant (O) was a surveyor , who in January 1985 carried out a survey for the plaintiff (L) who was contemplating purchase of a property. The survey contained a number of statements on the condition of the property and a valuation of £53,000-£56,000, which pleaded that "it is always difficult to put an exact figure on a mixed village residential/commercial property of this nature". L claims that on the basis of this he purchased the property for £74,500, £14,500 of which was attributable to fixtures and goodwill. It was later ascertained that the property was defective to a degree not revealed in the report and the value with defects is £52,500. A claim of negligence was made against O. The question arose as to what damages should be paid, whether it should be the difference between £52,500 and £53,000 or £56,000. It was held that the latter case should hold. An appealed on the basis that L should be awarded the difference between the price paid and market value