Valuation
Valuation Sheet 2023 Revaluation
Ref No.:
2450/44007
Description:
HALL
Property Address:
MELLERSTAIN VILLAGE, GORDON, TD3 6LG
Primary Practice Note:
Final Value:
£2,122
NAV:
£2,100
RV:
£2,100
Effective Date:
01/04/2023
Scottish Borders Council
Council Headquarters
Newtown St Boswells
MELROSE, TD6 0SA
Buildings Value
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 (GROUND) | CATEGORY 6 (HALLS) | 108.20 | 108.20 | £600.00 | 0 | £64,920 | 10.00% | £71,412 | 12.00% | £64,920 | -50.00% | £32,460 | |||||||
| TOTAL | 108.20 | £64,920 | £71,412 | £64,920 | £32,460 |
External Works (Site Works)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SITEWORKS | 50% LANDSCAPED REMAINDER HARD STANDING | 591.80 | m² | £70.00 | £41,426 | 10.00% | £45,569 | 12.00% | £41,426 | -15.00% | £35,212 | ||||
| TOTAL | £41,426 | £45,569 | £41,426 | £35,212 |
Land Value
| Description | Site Area (m²) | Site Rate (£/m²) | Capital Land Value | Ebdon Allowance | Other Allowance | Adjusted Land Value |
|---|---|---|---|---|---|---|
| SITE VALUE | 700.00 | £20.00 | £14,000 | -36.37% | £8,908 | |
| TOTAL | £14,000 | £8,908 |
Summary & Decapitalisation
| Total NCC | Total ACC | Total Fees | Total ERC | Total ARC | % Difference (ERC to ARC) | Effective Capital Value | Decapitalise | Initial Value |
|---|---|---|---|---|---|---|---|---|
| £106,346 | £116,981 | £14,038 | £106,346 | £67,672 | 36.36% | £76,580 | @ 4.60% | £4,245 |
| Final Value | £2,122 |
|---|---|
| NAV/RV | £2,100 |
| Effective Date | 01/04/2023 |
Additional Information:
NOTIONAL CONTRACT COST : £106,346
CONTRACT SIZE ADJUSTMENT (CSA) : 10.00%
ADJUSTED CONTRACT COST : £116,981
FEES ADJUSTMENT : 12.00%
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 Scottish Borders.
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 Scottish Borders nor Scottish Borders Council accepts responsibility for any loss sustained as a result of any inaccuracy in the information given.
Any enquiries in connection with this should be directed to the Assessor by emailing [email protected] or by telephoning 01835 825100.
