There has been a marked increase in infrastructure work in recent years and the prospect is of a further increase in works particularly in the transport and utilities sectors. Much of this infrastructure impacts on the rural environment and economy and this module aims to give final years students a solid foundation in compulsory purchase law, valuation and project management.
The module will build on skills in valuation and law acquired in the first and second years introducing material specific to compulsory purchase and infrastructure development. This will include technical issues including the legal considerations and the impact they have on the valuation of assets and the basis sand construction of any claim. However, the module will also address some of the current policy debate including issues such as Land Value capture and the dilution of private property rights.
The module will be assessed through a practical case study, undertaken in groups, involving the construction and submission of a compensation claim and an essay on relevant legal, valuation or policy issues.
To achieve credit for this module, students must be able to:
- Demonstrate understanding of the statutory and non-statutory framework for the development of infrastructure projects
- Analyse the market for rural property and prepare appropriate valuations
- Interpret the statutory framework for compensation under the compulsory purchase code and construct claims on behalf of affected landowners
- Present information and advice in a clear and concise manner for both technical and non-technical audience, both verbally and in written form
|Coursework||Group Case Study||50%|
Assessments may differ in 2020/21 due to adjustments for Covid-19. Please check Gateway for the latest regulations.
- Baum, A. (2007) Statutory Valuations. 4th Ed. Estates Gazette
- CAAV (2011) Professional Fees in Compensation Claims. CAAV
- CAAV (2009) THE Powers of Utility Companies in relation to land CAAV
- Davidson, A.W. (2013) Valuation and Investment Tables by R Parry. 13th
- Edition. Estates Gazette nb valuation tables available online
- Denyer-Green, B (2019) Compulsory Purchase and Compensation Routledge Also available as e-resource via Library website
- Hayward, REH. (2008) Valuation: Principles Into Practice. 6th Ed. Estates
- Prag, P. (2003) The Valuation of Rural Property. 2nd Ed. Packard
- Williams, R. (2008) Agricultural Valuations: A Practical Guide. 4th ed. Estates Gazette. Available as an e-book through Dawsonera.
- Wyatt, P (2013) Property Valuation John Wiley. Available as an e-resource from the Library website
- Module cpo website on Gateway.
- isurv (an online database from RICS – access via Library web site)
- www.egi.co.uk (see details and follow links from Library web site)
- www.rics.org (particularly Faculty pages and Market Surveys)
- www.voa.gov.uk (The valuation service of the government)
Agents’ websites (particularly see links to research/publications), eg: