Compulsory Purchase Valuation Expert Witness UK
Compulsory purchase valuation expert witnesses provide independent opinions on the compensation payable when land and property are acquired compulsorily by public authorities. RICS surveyors provide property valuation evidence; forensic accountants address disturbance compensation and business goodwill loss.
In CPO proceedings, land is valued at its open market value: the price it would achieve between a willing seller and willing buyer absent the scheme. Disturbance compensation covers losses arising from relocation, including loss of goodwill, relocation costs, and temporary loss of profits.
The Upper Tribunal (Lands Chamber) is the specialist tribunal for disputed compensation in compulsory purchase proceedings. It hears expert evidence from RICS valuers and forensic accountants on both property value and disturbance compensation. Betterment deductions may apply where the scheme increases the value of retained land.
Related Asset Type
Property & Land
Related Asset Type
Plant & Machinery
Related Service
Property & Land Valuation
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