By R.G. Williams
Agricultural Valuations, now in its fourth variation is written through a training agricultural valuer who has been operating in estate for over 50 years. His research updates fresh alterations to tenant correct valuations, advancements, furnishings, milk quotas and dilapidations. the writer makes use of a variety of instance claims and valuations which make clear contemporary pipeline and electrical energy line wayleave claims, notices to therapy breaches, including probate, source of revenue tax and obligatory buy valuations. additional chapters care for the guiding ideas of ways to properly price farms, investigate farm rents, perform arbitrations, inventories and documents of . valuation clauses on revenues of farms, farm animals, soils, administration agreements, valuation in courtroom complaints and a word list of priceless details. This useful, yet special identify should be worthy to scholars, agricultural valuers and land brokers who're seeking to be stored apprised of contemporary most sensible practices. the writer used to be offered the 'Kenneth Glenny' Prize by means of the significant organization of Agricultural Valuers while the 1st variation used to be released in 1984. when you consider that then the booklet has been improved pointed out to this point to mirror adjustments that experience happened to rural communities.The writer, a member of a North Wales farming relations, used to be Senior associate of Coles Knapp and Kennedy, Ross-on-Wye. An skilled farmer himself, he retains livestock and sheep, grows arable vegetation and likewise grows cider apples and hops in Herefordshire. He was once concerned for over 25 years in education applicants for the exam of the valuable organization of Agricultural Valuers and for a few years the RICS TPC in agricultural perform. . transparent and available suggestion . convenient advisor for surveyors who perform agricultural valuations (arable and farm animals) . correct criminal instances and observation
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Extra info for Agricultural Valuations: A Practical Guide
These unit values can then be multiplied by the energy and protein contents of the silage (bearing in mind its dry matter) to give a basic value for the silage as follows: Unit Price ME × ME% × DM%/100 + Unit Price CP × CP% × DM%/100 The resulting value may be adjusted by any of the following factors to reflect a proper value of the silage in question and taking into account transaction evidence of silage value where: (a) Ammonia levels Adjustment Ammonia % 0–10% 11% 12% 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% Adjustment Nil –1% –2% –3% –4% –5% –7% –9% –11% –13% –15% –17% –19% –21% Ammonia % 24% 25% 26% 27% 28% 29% 30% 31% 32% 33% 34% 35% 36% 37% Adjustment –23% –25% –28% –31% –34% –37% –40% –43% –16% –49% –52% –55% –58% –60% 13 Agricultural Valuations (b) Starch content Formula is: Silage value corrected for starch = silage value × 100 (120 – starch %) (c) Other relevant factors The value of the silage should be adjusted having regard to factors such as exceptional and inferior quality, position of clamp on the farm, time of year and whether clamp is open or under cover and whether properly covered.
Specimen claims (a) 100 tonnes purchased broiler manure, after two growing seasons. Cost including spreading Claim — quarter cost = (b) £1,560 £390 80 tonnes pig farmyard manure (free for fetching) after one growing season. 5 Unexhausted value of lime applied Compensation provisions here are contained in SI 1981 No 822 p 3. The calculation appears somewhat complicated, but is not so, providing the following are ascertained: (a) the amount of the mean annual excess winter rainfall (definition given in SI 1981 No 822) (b) the amount of nitrogen applied annually to the land concerned.
50 ha Less 2. 78 ha. 3. 52 Note: The SFV per ha is prescribed in SI 1978 No 809, as amended by SI 1980 No 751, as further amended by SI 1983 No 1475. 1 44 In this text he/she are used interchangeably and refer to both male and female. 1 This chapter deals with long term improvements, eg erection of buildings, reclamation of land, making of roads, provision of sheepdipping accommodation for which the landlord’s consent or approval of the Agricultural Lands Tribunal is required. Distinction should be made between old long term improvements — those carried out before 1 March 1948 and those called new long term improvements — those carried out after 1 March 1948.