000			02276cad a22002655a 4500
001			L145302
008			080924e20080204xxk f v 000 0 eng d
035			_a(Sirsi) u145302
041	0		_aeng
245	0	0	_aJumbuk Ltd v West Midlands Passenger Transport Executive _h[electronic resource]
260			_c2008
520			_a[2008] EWLands CON_19_2007, 4 February 2008. The Lands Tribunnal had to determine to compensation payable to the claimant company (J) whose property had been compulsorily acquired by the respondent authority (W). A company associated with J had acquired the property on a speculative basis, and had obtained planning permission for a mixed retail and commercial development, shortly before the authority announced its intention to build a tramway through the property. The tramway project fell through and planning permission expired. The property was then transferred to J and leased to a third party to use as a car park. The tramway project was then revived and the authority made a compulsory purchase. An issue arose as to whether it was appropriate to value the property by means of residual appraisal as argued by W; or by assuming that planning permission could have been expected, as argued by J. Held: compensation assessed. The Tribunal accepted that it was appropriate to assume the existence of a grant of planning permission, Spirerose Ltd v Transport for London applied. Accordingly, the property was valued at the price that a prospective purchaser would have been prepared to pay for the property at the valuation date.
590			_aKA
650	2	4	_aJUMBUK LTD V WEST MIDLANDS PASSENGER TRANSPORT COMMITTEE
650	2	4	_aSPIREROSE LTD V TRANSPORT FOR LONDON
650	2	4	_aPOINTE GOURDE QUARRYING AND TRANSPORT CO LTD V CROWN LANDS SUPERINTENDENT
650	2	4	_aWATERS V WELSH DEVELOPMENT AGENCY
650	2	4	_aIRC V CLAY
650	2	4	_aSNOOK & ORS V SOMERSET COUNTY COUNCIL
651		4	_aEngland and Wales _y1543-
690			_aENVIRONMENTAL AND LAND CONSULTANCY-PLANNING AND DEVELOPMENT-COMPULSORY PURCHASE AND COMPENSATION
690			_aPROPERTY-PROPERTY APPRAISAL AND VALUATION
856	4	0	_uhttps://www.bailii.org/ew/cases/EWLands/2008/CON_19_2007.html _zView the case free of charge at www.bailii.org...
942			_n0
999			_c80770 _d80770