D v D [2016] NIMaster 2 (3 March 2016)

D v D [2016] NIMaster 2 (3 March 2016)

The court preferred a valuation methodology that used multiple comparators across relevant price bands and discounted expert opinion that lacked consistent reasoning or was unsupported by market evidence. The Ballyknock property was valued at £290,000, falling between the top of the £200,000–£270,000 band and the bottom of the £350,000–£380,000 band, based on the evidence presented.

Citation
[2016] NIMaster 2
Parties
Petitioner: D; Respondent: D
Jurisdiction
Northern Ireland
Judgment Date
03 March 2016
Procedural Posture
Ancillary Relief / Valuation Hearing
Outcome
Property valued at £290,000 for ancillary relief purposes.
Legal Topics
Ancillary Relief, Matrimonial Property Valuation
Family Law Ancillary Relief Matrimonial Property Valuation

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Parties

D

Petitioner

D

Respondent

Procedural Posture

Ancillary Relief / Valuation Hearing

Legal Issues

  1. 1 What is the appropriate market value of the Ballyknock Road, Hillsborough property for the purposes of ancillary relief?

Ratio Decidendi

The court preferred a valuation methodology that used multiple comparators across relevant price bands and discounted expert opinion that lacked consistent reasoning or was unsupported by market evidence. The Ballyknock property was valued at £290,000, falling between the top of the £200,000–£270,000 band and the bottom of the £350,000–£380,000 band, based on the evidence presented.

Court Disposition

Property valued at £290,000 for ancillary relief purposes.

Orders

  • The Ballyknock Road, Hillsborough property is valued at £290,000 for the purposes of this ancillary relief case.