Valuation

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Valuation Sheet 2023 Revaluation

Ref No.:

15018003107/106456

Description:

HOME

Property Address:

TORRS 1-6, CASTLE DOUGLAS, DUMFRIES AND GALLOWAY, DG7 1NF

Primary Practice Note:

Residential Homes

Final Value:

£28,690

NAV:

£18,000

RV:

£18,000

Effective Date:

01/04/2023

Assessor & Electoral Registration Officer
Dumfries & Galloway Council
Militia House
English Street
DUMFRIES
DG1 2HR

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	ARC
TORRS 1	Building Unit up to 2000 sq.m.	N/A	92.27	0.1693	76.65	£2,000.00	100.00%	£153,301	3.40%	£158,511	11.50%	£176,739	-57.50%	Contractors Building -5.00%	£135,205
GF TORRS 2	Building Unit up to 2000 sq.m.	N/A	96.39	0.0000	96.39	£2,000.00	100.00%	£192,780	3.40%	£199,332	11.50%	£222,255	-58.00%		£168,025
GF TORRS 3	Building Unit up to 2000 sq.m.	N/A	66.34	0.0000	66.34	£2,000.00	100.00%	£132,680	3.40%	£137,190	11.50%	£152,966	-57.50%	Contractors Building -5.00%	£117,019
FF TORRS 3	Building Unit up to 2000 sq.m.	N/A	49.70	0.2200	38.77	£2,000.00	100.00%	£77,532	3.40%	£80,167	11.50%	£89,386	-57.50%	Contractors Building -5.00%	£68,380
FF TORRS 1	Building Unit up to 2000 sq.m.	N/A	65.02	0.2020	51.89	£2,000.00	100.00%	£103,775	3.40%	£107,302	11.50%	£119,641	-57.50%	Contractors Building -5.00%	£91,525
TORRS 4	Building Unit up to 2000 sq.m.	N/A	89.43	0.0000	89.43	£2,000.00	100.00%	£178,860	3.40%	£184,939	11.50%	£206,206	-56.75%		£89,184
TORRS 5	Building Unit up to 2000 sq.m.	N/A	89.43	0.0000	89.43	£2,000.00	100.00%	£178,860	3.40%	£184,939	11.50%	£206,206	-56.75%		£89,184
TORRS 6	Building Unit up to 2000 sq.m.	N/A	163.31	0.1347	141.32	£2,000.00	100.00%	£282,632	3.40%	£292,239	11.50%	£325,846	-30.00%		£410,566
TOTAL			711.89					£1,300,420		£1,344,619		£1,499,245			£1,169,089

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
EXTERNAL WORKS		0	m²	£0.00	100.00%	£10,500	3.38%	£10,855	11.50%	£12,103	-15.00%				£10,288
TOTAL						£10,500		£10,855		£12,103					£10,288

Land Value

Description	Site Area (m²)	Site Rate (£/m²)	Capital Land Value	Ebdon Allowance	Other Allowance	Adjusted Land Value
SITE VALUE	550.00	£12.50	£6,875	-22.02%		£5,361
TOTAL			£6,875			£5,361

Summary & Decapitalisation

Total NCC	Total ACC	Total Fees	Total ERC	Total ARC	% Difference (ERC to ARC)	Effective Capital Value	Decapitalise	Initial Value
£1,310,920	£1,355,474	£155,874	£1,511,348	£1,179,376	-21.97%	£1,184,737	@ 2.90%	£34,357

Final Adjustments

Description	Initial Value	Adjustment %	Adjusted Value
Redundancy	£33,753	-15.00%	£28,690

Final Value	£28,690
NAV/RV	£18,000
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 Dumfries & Galloway.

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 Dumfries & Galloway nor Dumfries & Galloway Council accepts responsibility for any loss sustained as a result of any inaccuracy in the information given.