Valuation

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Valuation Sheet 2023 Revaluation

Ref No.:

VR8687

Description:

HOME

Property Address:

HAWKHILL HOUSE, 234 NORTH DEESIDE ROAD, MILLTIMBER, ABERDEEN, AB13 0DQ

Primary Practice Note:

Contractor's Basis Valuations

Final Value:

£62,202

NAV:

£62,000

RV:

£62,000

Effective Date:

01/04/2023

Grampian Assessor
Woodhill House,
Westburn Road,
Aberdeen
AB16 5GE

Buildings Value Practice Note: Contractor's Basis Valuations

Building	Floor	Measured Area (m )	Wall Thickness Adjustment	Adjusted Area (m )	Unit Cost Rate ( /m )	Notional Contract Cost	Contract Size Adjustment	Adjusted Contract Cost	Fees Adjustment	ERC	Age Allowance	ARC
ORIGINAL	GF	313.40	-8.00%	288.33	2,000.00	576,660	+0.50%	579,543	+9.50%	634,599	-60.00%	253,839
ORIGINAL	1F	278.50	-9.00%	253.44	2,000.00	506,880	+0.50%	509,414	+9.50%	557,808	-60.00%	223,123
EXTENSION	GF	224.30		224.30	2,000.00	448,600	+0.50%	450,843	+9.50%	493,673	-43.75%	277,691
EXTENSION	1F	341.20		341.20	2,000.00	682,400	+0.50%	685,812	+9.50%	750,964	-43.75%	422,417
86 EXTENSION	GF	229.50		229.50	2,000.00	459,000	+0.50%	461,295	+9.50%	505,118	-43.75%	284,128
EXTENSION	1F	229.50		229.50	2,000.00	459,000	+0.50%	461,295	+9.50%	505,118	-36.00%	323,275
EXTENSION	AF	130.80		130.80	2,000.00	261,600	+0.50%	262,908	+9.50%	287,884	-36.00%	184,245
TOTAL		1,747.20				3,394,140		3,411,110		3,735,164		1,968,718

External Works (Site Works) Practice Note: Contractor's Basis Valuations

Description	Type/RCG Code	Quantity	Unit of Measurement	Unit Cost ( )	Notional Contract Cost	Contract Size Adjustment	Adjusted Contract Cost	Fees Adjustment	ERC	Age Allowance	ARC
TARMAC	33U17AD	755	m	94.00	70,970	+0.50%	71,324	+9.50%	78,099	-48.00%	40,611
EDGING	33U105	144	m	18.00	2,592	+0.50%	2,604	+9.50%	2,851	-48.00%	1,482
LANDSCAPING	33U00BMD	2990	m	8.84	26,431	+0.50%	26,563	+9.50%	29,086	-48.00%	15,124
TOTAL					99,993		100,491		110,036		57,217

Land Value Practice Note: Contractor's Basis Valuations

Description	Site Area (m )	Site rate ( /m )	Capital Land Value	Ebdon Allowance	Other Allowance	Adjusted Land Value
LAND (EBDON)	4,515.00	50.00	225,750	-47.30%		118,970
TOTAL			225,750			118,970

Summary & Decapitalisation Practice Note: Contractor's Basis Valuations

Total NCC	Total ACC	Total Fees	Total ERC	Total ARC	%Difference (ERC to ARC)	Effective Capital Value	Decapitalise	Initial Value
3,494,133	3,511,601	333,599	3,845,200	2,025,935	-47.30%	2,144,905	@ 2.90%	62,202

Final Value	£62,202
NAV/RV	£62,000
Effective Date	01/04/2023

Additional Information:

Notional Contract Cost : 3,494,133

Contract Size Adjustment : +0.50%

Adjusted Contract Cost : 3,511,601

Fees Adjustment : +9.50%

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 Grampian.

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 Grampian nor Grampian Valuation Joint Board accepts responsibility for any loss sustained as a result of any inaccuracy in the information given.

For enquiries or notification of changes, write to the Assessor at the above address, telephone 01224 068423 or email [email protected].