Donate SIGN UP

Land Prices

Avatar Image
bezulike | 11:38 Mon 19th Feb 2007 | Property
1 Answers
The Land is approxiamately 1275 square feet. It is enclosed by other gardens and there is no access to it other that by the 3 gardens.
We have actually already made a tentative enquiry, on the understanding that we paid all the incurred legal fees as well as an appointed surveyor's fees. The upshot was a figure for the land, in the region of more than 10,000 pounds, with the added stipulation the land be kept purely as garden. All in all, we were stung for a sum of �300 for all this. The vendor is the Church of England and the derelict land is currently the back end of a Rectory garden. . As things stand this land is overgrown,neglected and in much need of TLC. Even the Vicar has no wish to use this burdensome nettle-patch. The CoE have now said we can appoint our own surveyor. What do you think our surveyor will come back with?

Gravatar

Answers

Only 1 answerrss feed

Best Answer

No best answer has yet been selected by bezulike. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Would you be prepared to pay �10k more for your house with a bigger garden? At the end of the day, that's all that matters. Land is notoriously difficult to value because its worth as much as someone is prepared to pay for it. All a surveyor can do is draw on his experience of similar situations to come up with a figure. Paddock land sells on the open market at about �10k per acre. So on that basis this land could be said to be worth �250. It'll cost you a lot more than that in solicitor's fees. Now return to sentence one above.
Haven't got a clue why you've employed your own surveyor - CoE merely needed to have marked out what they are offering to sell using poles, then over to the solicitors.

Only 1 answerrss feed

Do you know the answer?

Land Prices

Answer Question >>