Umewmi v London Borough of Hackney [2008] EWLands ACQ_194_2005 (08 January 2008)

Umewmi v London Borough of Hackney [2008] EWLands ACQ_194_2005 (08 January 2008)

The Tribunal determined that the most reliable evidence of value was the contemporaneous valuation put forward by the acquiring authority at the CPO enquiry, adjusted for market movement, resulting in a compensation award of £195,000 for the freehold interest.

Citation
[2008] EWLands ACQ_194_2005
Parties
Claimant: Nnoko Omenala Ndi Igbo, Executor for Joseph Nwobo Umewmi (also known as Nwobo Owen), Deceased; Acquiring Authority: London Borough of Hackney
Jurisdiction
England and Wales
Judgment Date
08 January 2008
Procedural Posture
Compulsory Purchase Compensation / Final Determination of Compensation
Outcome
compensation awarded to claimant
Legal Topics
Compensation Assessment, Valuation of Derelict Property, Compulsory Acquisition
Property Law Compulsory Purchase Compensation Assessment Valuation of Derelict Property Compulsory Acquisition

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Parties

Nnoko Omenala Ndi Igbo, Executor for Joseph Nwobo Umewmi (also known as Nwobo Owen), Deceased

Claimant

London Borough of Hackney

Acquiring Authority

Procedural Posture

Compulsory Purchase Compensation / Final Determination of Compensation

Legal Issues

  1. 1 What is the appropriate amount of compensation payable for the compulsory acquisition of the freehold interest in 10 Rushmore Road, London, E5 0ET?

Ratio Decidendi

The Tribunal determined that the most reliable evidence of value was the contemporaneous valuation put forward by the acquiring authority at the CPO enquiry, adjusted for market movement, resulting in a compensation award of £195,000 for the freehold interest.

Court Disposition

compensation awarded to claimant

Orders

  • The acquiring authority shall pay the claimant £195,000 as compensation for the compulsory acquisition of the freehold interest in 10 Rushmore Road, London, E5 0ET.