CPT Events

Promoting and enhancing best practice and technical expertise

CPO Valuation Seminar and Workshop

Valuing land and property for compulsory purchase compensation is a step into a hypothetical world – where land is taken, where some land is taken and no land taken, with its own language and terms - severance and injurious affection - with potential for ransom, and planning assumptions; and its own set of case law dictating what valuers are to do.  Valuers are increasingly expected to get their valuation right first time.  This is a thorough review of the valuation best practice and the underlying methodologies in respect of compulsory purchase and its compensation.

Date Venue Price  
5 March 2019 CBRE Ltd, Birmingham £260 BOOK
4 April 2019 CBRE St Martin's Court, London £260 BOOK
22 May 2019 Village Hotel - Manchester Cheadle, Cheshire £260 BOOK

Note: All prices are subject to VAT at the prevailing rate

Event duration: Day Event (5 hours 45 minutes CPD) (Lunch Included).
Registration from: 09.30. Event starts at: 10.00. Event finishes at: 17.00.

            CPT Events would like to thank CBRE for the use of their facilities

Download and print your full course brochure here


Compulsory purchase powers are being promoted as an essential tool for the delivery of housing, regeneration and infrastructure.

 

Over the next 10 years, it’s estimated that compensation payments relating to transport and infrastructure CPO will exceed £15 billion.  There is a demand for experienced practitioners – for acquiring authorities to deliver schemes, and also for those who need to act for claimants. 

 

This is a comprehensive programme reviewing the core and nuances of CPO valuations.


If you do CPO work, and particularly if you are relatively new to it, there has never been a more urgent need to review valuation principles, methodologies and to understand the pitfalls that exist for the unwary.

Speakers

Programme

Rule 2

  • How a Rule 2 valuation differs from a Red Book valuation
  • Hypothetical Purchaser
  • Valuation Date
  • Condition/occupation/relevant matters affecting the land
  • Potential Complications – marriage value, ransom

Planning Assumptions 

  • The approach post Localism Act 2011
  • Appropriate Alternative Development (AAD) and Certificates of Appropriate Alternative Development (CAADs)
  • Does AAD or a CAAD mean full development value?

The 'No-Scheme Principle'

  • The approach post Neighbourhood Planning Act 2011
  • How do the old no-scheme principle and the new no-scheme principle differ?

Severance and Injurious Affection

  • What is severance and injurious affection
  • The relationship between Rule 2 value and compensation for severance and injurious affection
  • Notices of material detriment
  • Sub-soil acquisition and injurious affection
  • The differences in valuation methodology

Disturbance 

  • Principles of Compensation to disturbance compensation
  • Approaches to assessing compensation - Gathering relevant, weighting and presenting evidence
  • The role of forensic accountants
  • Extinguishment v loss of profits, and partial extinguishment
  • A review of relevant statute case law

Afternoon Workshops:

Rule 2 Valuation - Ransom/No-Scheme Principle


Planning Assumptions 


Severance and Injurious Affection


Comparison Valuation New Planning Assumption/No-Scheme Principle v Old Planning Assumptions and No-Scheme Principle 


Roundup and Questions