Valuation

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Valuation Sheet 2026 Revaluation

Ref No.:

VR30152

Description:

HOME

Property Address:

THE GROVE NURSING HOME, GROVE ROAD, KEMNAY, AB51 5RA

Primary Practice Note:

Contractor's Basis Valuations

Final Value:

£59,683

NAV:

£59,500

RV:

£59,500

Effective Date:

01/04/2026

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

Buildings Value Practice Note: Contractor's Basis Valuations

Building	Floor	Measured Area (m²)	Wall Thickness Adjustment	Adjusted Area (m²)	Unit Cost Rate (£/m²)	Notional Contract Cost	Contract Size Adjustment	Adjusted Contract Cost	Fees Adjustment	ERC	Age Allowance	Further Allowance 1	ARC
ORIGINAL	GF	148.10	-14.00%	127.37	£1,900.00	£242,003	+0.50%	£243,213	+9.50%	£266,318	-43.75%		£149,803
ORIGINAL	FF	127.10	-14.00%	109.31	£1,900.00	£207,689	+0.50%	£208,727	+9.50%	£228,556	-43.75%		£128,562
1989 EXT	GF	396.10		396.10	£1,900.00	£752,590	+0.50%	£756,352	+9.50%	£828,205	-43.75%	Other -10.00%	£419,278
1989 EXT	FF	271.10		271.10	£1,900.00	£515,090	+0.50%	£517,665	+9.50%	£566,843	-43.75%	Other -10.00%	£286,964
1994 BASEMENT	B	78.20		78.20	£1,900.00	£148,580	+0.50%	£149,322	+9.50%	£163,507	-40.00%		£98,104
1994 EXT	GF	392.00		392.00	£1,900.00	£744,800	+0.50%	£748,524	+9.50%	£819,633	-40.00%	Other -10.00%	£442,601
1994 EXT	FF	249.60		249.60	£1,900.00	£474,240	+0.50%	£476,611	+9.50%	£521,889	-40.00%	Other -10.00%	£281,819
2011	GF	14.44		14.44	£1,900.00	£27,436	+0.50%	£27,573	+9.50%	£30,192	-18.75%		£24,531
2019 LIFT EXT	B	17.70		17.70	£1,900.00	£33,630	+0.50%	£33,798	+9.50%	£37,008	-7.25%		£34,324
2019 LIFT EXT	GF	17.70		17.70	£1,900.00	£33,630	+0.50%	£33,798	+9.50%	£37,008	-7.25%		£34,324
2019 LIFT EXT	FF	17.70		17.70	£1,900.00	£33,630	+0.50%	£33,798	+9.50%	£37,008	-7.25%		£34,324
TOTAL		1,729.74				£3,213,318		£3,229,381		£3,536,167			£1,934,634

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
SLABS	33U1JFD	111	m²	£85.00	£9,435	+0.50%	£9,482	+9.50%	£10,382	-29.00%	£7,371
TAR	33U17AD	620	m²	£98.00	£60,760	+0.50%	£61,063	+9.50%	£66,863	-29.00%	£47,472
GRASS	33U00BMD	1700	m²	£9.31	£15,827	+0.50%	£15,906	+9.50%	£17,417	-29.00%	£12,366
TOTAL					£86,022		£86,451		£94,662		£67,209

Land Value Practice Note: Contractor's Basis Valuations

Description	Site Area (m²)	Site rate (£/m²)	Capital Land Value	Ebdon Allowance	Other Allowance	Adjusted Land Value
LAND (EBDON)	3,400.00	£30.00	£102,000	-44.90%		£56,202
TOTAL			£102,000			£56,202

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
£3,299,340	£3,315,832	£314,997	£3,630,829	£2,001,843	-44.90%	£2,058,045	@ 2.90%	£59,683

Final Value	£59,683
NAV/RV	£59,500
Effective Date	01/04/2026

Additional Information:

Notional Contract Cost : £3,299,340

Contract Size Adjustment : +0.50%

Adjusted Contract Cost :£3,315,832

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 068424 or email [email protected]