000			01450cab a2200181 4500
001			ABS43532
008			090401t1990 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u42239
041			_aeng
245			_aWood v Martindale Developments Ltd
260			_c1990
350			_a0
490			_aEstates Gazette _v(1990) 42 EG 142-144(3)
520			_aWest Midland Rent Assessment Panel 3 January 1990. A decision on an application by the tenant, W, for determination of price under Leasehold Reform Act 1967 s9 for a dwelling-house. The property was inspected on 29 November 1989. W holds the property for a term of 99 years from 25 December 1946 at a ground rent of £8pa. Their notice of claim to purchase the freehold was dated 11 January 1989 leaving 57 years to run on the lease. It was accepted that qualifying conditions had been met. The main issue was the method of valuation to determine price. W`s valuer contended that the ground rent should be valued in perpetuity but the landlord contended that a valuation of the reversion is appropriate, to which should be added the value of the term. The other issue is the percentage to be adopted to derive site value from the standing house value commonly known as the entirety value . It was held that a valuation of the reversion adopting the standing house approach is appropriate, however th
690			_aLANDLORD AND TENANT-CASE LAW-LEASEHOLD REFORM
942			_n0
948			_c04/03/1997
999			_c27128 _d27128