Valuation
Valuation Sheet 2023 Revaluation
Ref No.:
X45304/0000A
Description:
HOME
Property Address:
ERSKINE MAINS HOME, MEADOWS DRIVE, ERSKINE, PA8 7ED
Primary Practice Note:
Final Value:
£94,266
NAV:
£94,000
RV:
£94,000
Effective Date:
11/09/2023
Renfrewshire Valuation Joint Board
Renfrewshire House
Cotton Street
Paisley PA1 1BF
Building Values Practice Note: Residential Homes
| Building | Category | Floor | Measured Area (m²) | Wall Thickness Adjustment | Adjusted Area (m²) | Unit Cost Rate (£/m²) | Unit Rate Adjustment | Notional Contract Cost | Contract Size Adjustment | Adjusted Contract Cost | Fees Adjustment | ERC | Age Allowance | Further Allowance 1 | Further Allowance 2 | Further Allowance 3 | Further Allowance 4 | Further Allowance 5 | ARC |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OUTBUILDING | HOME | GROUND | 40.04 | 0% | 40.04 | £1,150 | 0% | £46,046 | -0.04% | £46,028 | 8.5% | £49,940 | 0% | 0% | 0% | 0% | 0% | 0% | £49,940 |
| MAIN | HOME | FIRST | 970.00 | 0% | 970.00 | £1,800 | 0% | £1,746,000 | -0.04% | £1,745,302 | 8.5% | £1,893,652 | -30% | 0% | 0% | 0% | 0% | 0% | £1,325,557 |
| MAIN | HOME | GROUND | 1,143.00 | 0% | 1,143.00 | £1,800 | 0% | £2,057,400 | -0.04% | £2,056,577 | 8.5% | £2,231,386 | -30% | 0% | 0% | 0% | 0% | 0% | £1,561,970 |
| CONSERVATORY | HOME | GROUND | 31.00 | 0% | 31.00 | £1,000 | 0% | £31,000 | -0.04% | £30,988 | 8.5% | £33,622 | -14.25% | 0% | 0% | 0% | 0% | 0% | £28,830 |
| TOTAL | 2,184.04 | £3,880,446 | £3,878,894 | £4,208,600 | £2,966,297 |
External Works (Site works) Practice Note: Residential Homes
| Description | Type / RCG Code | Quantity | Unit of Measurement | Unit Cost Rate (£) | Location Adjustment | Notional Contract Cost | Contract Size Adjustment | Adjusted Contract Cost | Fees Adjustment | ERC | Age Allowance | Functional Allowance | Technical Allowance | Other Allowance | ARC |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SITE WORKS | _ | 3,822.00 | m² | £50.60 | 0% | £193,393 | -0.04% | £193,316 | 8.5% | £209,748 | -6.5% | 0% | 0% | 0% | £196,114 |
| TOTAL | 193,393 | £193,316 | £209,748 | £3,162,411 |
Land Value Practice Note: Residential Homes
| Description | Site Area (m²) | Site Rate (£/m²) | Capital Land Value | Ebdon Allowance | Other Allowance | Adjusted Land Value |
|---|---|---|---|---|---|---|
| Developed | 5,036 | £25.00 | £125,900 | -30% | 0% | £88,130 |
| TOTAL | £125,900 | £88,130 |
Summary & Decapitalisation Practice Note: Residential Homes
| Total NCC | Total ACC | Total Fees | Total ERC | Total ARC | % Difference (ERC to ARC) | Effective Capital Value | Decapitalise | Initial Value |
|---|---|---|---|---|---|---|---|---|
| £4,073,839 | £4,072,210 | £380,000 | £4,418,347 | £3,162,411 | 28.43% | £3,250,541 | 2.9% | £94,266 |
| Final Value | £94,266 |
|---|---|
| NAV/RV | £94,000 |
| Effective Date | 11/09/2023 |
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 Renfrewshire.
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 Renfrewshire nor Renfrewshire 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 0300 300 0150.
