Recent Valuation Case Studies
OPEN MARKET VALUATIONS – POSTLIP HALL, WINCHCOMBE
In 2017 Coupe Property Consultants were engaged to provide valuation advice to Postlip Housing Association (PHA) in relation to Postlip Hall, Winchcome, a handsome Grade I Listed Building in the Cotswold Area of Outstanding Natural Beauty. The Hall enjoys a picturesque, unique location within 15 acres of woodland, kitchen garden, lawns, water garden and parkland.
The Medieval Hall House dates back to the 15th century, whilst the Grade 2* Listed Medieval Tithe Barn plays host to social activities, weddings and the annual Cotswold Beer Festival.
It was a pleasure to be appointed valuer to PHA and to continue providing ongoing valuation advice.
CAPITAL GAINS TAX VALUATION – CHELTENHAM
Following disposal of residential property within the Cheltenham area, our client was advised by their accountant to engage a RICS Regulated Valuer to provide historic valuation advice for Capital Gains Tax purposes. Coupe Property Consultants provided the client with a valuation report, prepared in accordance with the Taxation & Chargeable Gains Act 1992 and suitable for submission to the Valuation Office Agency.
INHERITANCE TAX VALUATION – BROADWAY
In accordance with the Inheritance Tax Act 1984 and having regard to current Agricultural Property Relief, our registered valuer provided valuation advice to assist with succession planning on a Worcestershire family farm. Such advice was prepared in accordance with current RICS Valuation Professional Standards.
MATRIMONIAL VALUATION – GLOUCESTERSHIRE
Following an amicable separation, our clients sought an open market valuation of their family home for settlement purposes. Acting for one party, our registered valuer provided impartial, professional advice which assisted the couple with the difficult process of asset division. o
REINSTATEMENT VALUATIONS – SOUTH WEST
Coupe Property Consultants were retained to provide valuation advice for insurance purposes to a portfolio of properties managed by a PLC. Valuation reports on various age and style of properties throughout Bath and Bristol were prepared within strict time constraints. As a high proportion of the properties had not been revalued in many years numerous blocks found that they had not only been underinsured and therefore at risk but that their insurance premiums now increased significantly, proving problematic for those left to meet the cost.
Coupe Property Consultants were also engaged to provide valuation reports for insurance purposes for the portfolio of a Cheltenham landlord. Thankfully this reputable freeholder ensured that values had been increased annually and hence some developments were able to secure a reduction in insurance premiums once the current values were established.
These two portfolios highlight the issues and risks of both under-insurance and over-insurance, and act as a timely reminder that all residential properties should be revalued by a registered valuer every 3 years.