000 01814cad a22001935a 4500
001 L144955
008 080826e20071220xxk f v 000 0 eng d
035 _a(Sirsi) u144955
041 0 _aeng
245 0 0 _aMeghnagi v Hackney LBC
_h[electronic resource]
260 _c2008
520 _a[2008] EWCA Civ 919, 20 December 2007. The freehold interest in a house in hackney was valued at £147 500 as at November 2000, when the house became vested in the local authority after a compulsory purchase. Claimant (M) asked the tribunal to determine the compensation payable to him after the respondent local authority (H) used compulsory purchase to acquire his house. M had left the property in 1993, although his wife and children remained in it until 1997. The property was then left derelict. H decided to sell the property at auction and then withdrew it, instead asking for informal tenders. M argued that the property was worth £320 000, H £120 000. Held: appeal dismissed. Figure was assessed at £147 500 - reached by taking the highest figure offered to H for the property (£135 000) and adding legal and valuation costs in addition to a 15% increase as the high bidder had overestimated the remedial works required to return the property to a habitable condition. This figure was £163 500, and was subsequently adjusted downwards to reflect the difference between Land Registry indexes between the valuation date of November 2007 and the offer date of July 2001.
590 _aKA
650 2 4 _aMEGHNAGI V HACKNEY LBC
651 4 _aUnited Kingdom
_y
690 _aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
856 4 0 _uhttps://www.bailii.org/ew/cases/EWCA/Civ/2008/919.html
_zView the case free of charge online at www.bailii.org...
942 _n0
999 _c80666
_d80666