Disparity in Land Values: Arbitration Case at Newton Abbot: A considerable disparity in the Assessments was revealed during the hearing of arbitration proceedings yesterday at Newton Abbot to determine the purchase price of land in Buckland Barton, the property of Sir Henry Carew, required by the Newton Abbot Urban Council for sewage outfall works. … … Mr. Slade said that the expert acting for Sir Henry assessed the land at £4,161, and the Council’s expert at £828 but the latter figure included nothing for general depreciation of the estate through the outfall works. … (higher figure because of expected damage to the whole marsh area) … Mr. W. H. Pinsent, district valuer, giving evidence for the Council, said the land tunnelled under would not be affected by as much as a penny in value. £853 would be sufficient compensation of the land and easements. He agreed that he had not allowed anything for depreciation in sentimental value. …
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive
Referenced
GRO0322 Hennock: Francis Wingfield Homfray Pinsent: 1875 – 1948