Valuation


Download Document About Valuations View Relevant Practice Note

Valuation Sheet 2023 Revaluation

Ref No.:

E83370/0000/0/00000

Description:

HOME

Property Address:

NETHERTON, NETHERTON, OCHILTREE, CUMNOCK, EAST AYRSHIRE, KA18 2PU

Primary Practice Note:

Final Value:

£29,262

NAV:

£29,200

RV:

£29,200

Effective Date:

01/04/2023

Ayrshire Valuation Joint Board
9 Wellington Square
Ayr
KA7 1HL

Buildings Value

BuildingCategoryFloorMeasured Area (m²)Wall Thickness AdjustmentAdjusted Area (m²)Unit Cost Rate (£/m²)Unit Rate AdjustmentNotional Contract CostContract Size AdjustmentAdjusted Contract CostFees AdjustmentERCAge AllowanceFurther Allowance 1Further Allowance 2Further Allowance 3Further Allowance 4Further Allowance 5ARC
Bldg06 - Obs Building Unit up to 2000 sq.m. N/A 91.00 0.0000 91.00 £2,000.00 100.00% £182,000 3.48% £188,335 11.50% £209,993 -55.00% £42,524
Bldg01 - GF HOME Building Unit up to 2000 sq.m. N/A 370.00 0.0853 338.43 £2,000.00 100.00% £676,853 3.48% £700,414 11.50% £780,961 -55.00% -5.00% £316,289
Bldg02 - ATTIC HOME Building Unit up to 2000 sq.m. N/A 38.00 0.0000 38.00 £2,000.00 100.00% £76,000 3.48% £78,645 11.50% £87,689 -55.00% -5.00% £35,514
Bldg03 - GF EXTENSION Building Unit up to 2000 sq.m. N/A 12.00 0.0000 12.00 £2,000.00 100.00% £24,000 3.48% £24,835 11.50% £27,691 -30.00% £17,445
Bldg04 - COTTAGE FLAT Building Unit up to 2000 sq.m. N/A 52.00 0.1280 45.34 £2,000.00 100.00% £90,688 3.48% £93,844 11.50% £104,636 -55.00% £42,378
Bldg05 - LAUNDRY Building Unit up to 2000 sq.m. N/A 19.00 0.0000 19.00 £2,000.00 100.00% £38,000 3.48% £39,322 11.50% £43,844 -55.00% £17,757
TOTAL 582.00 £1,087,541 £1,125,395 £1,254,814 £471,907

External Works (Site works)

DescriptionType / RCG CodeQuantityUnit of MeasurementUnit Cost Rate (£)Location AdjustmentNotional Contract CostContract Size AdjustmentAdjusted Contract CostFees AdjustmentERCAge AllowanceFunctional AllowanceTechnical AllowanceOther AllowanceARC
Landscaping 0 £0.00 100.00% £171,920 3.48% £177,905 11.50% £198,364 -15.00% £168,609
TOTAL £171,920 £177,905 £198,364 £168,609

Land Value

DescriptionSite Area (m²)Site Rate (£/m²)Capital Land ValueEbdon AllowanceOther AllowanceAdjusted Land Value
Land - Location 4 3,000.00 £10.00 £30,000 -55.92% £13,223
TOTAL £30,000 £13,223

Summary & Decapitalisation

Total NCCTotal ACCTotal FeesTotal ERCTotal ARC% Difference (ERC to ARC)Effective Capital ValueDecapitaliseInitial Value
£1,259,461 £1,303,300 £149,878 £1,453,178 £640,516 -55.92% £653,739 @ 4.60% £30,072

Final Value £29,262
NAV/RV £29,200
Effective Date 01/04/2023

Please note that this is for information only and should not be reused or sold. This has been prepared solely for the purposes of Non-Domestic Rating and should not be used for any other purpose. It remains the property of the Assessor for Ayrshire.

The above valuation is an on-line version of the individual valuation adapted to fit a standard presentation. This means that the valuation in some instances is not an exact replica of the calculation done by the Assessor.

No warranty is given and neither the Assessor for Ayrshire nor Ayrshire Valuation Joint Board accepts responsibility for any loss sustained as a result of any inaccuracy in the information given.

For any enquiries please contact [email protected] or telephone 01292 612221.

Cookie Settings