By R.G. Williams
The fitting replace to a advisor that provides important suggestion on agricultural valuations
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Extra info for Agricultural Valuations : a Practical Guide
2 Phosphoric Acid (P2O5) — Phosphates Compensation is payable in accordance with Table 2 Part II of SI 1983 No 1475. Reference should be made to SI 1978 No 809 (pp 6 and 7) which states: (a) where the phosphatic fertiliser contains less than 1/10 of its total phosphoric acid content in an insoluble form, the total phosphoric acid content shall be treated as soluble (b) where it is a fertiliser (other than a fertiliser specified and applied as in 2(a); 2(b)(i) or 3(a) in Table 2) containing more than 1/10 of its total in soluble form, the value shall be restricted to the soluble form only.
Any write-off should be down to say £1 — if only to recognise the tenant’s ownership of the improvement. 2 It is considered by many valuers that 10–15 years’ write-off period is far too low for substantial buildings such as a covered yard or Dutch barn which can reasonably be expected, provided it is well built, designed and properly maintained to last 50 years or so. In the Agricultural Land Tribunal case, Barton v The Lincolnshire Trust for Nature Conservation (1997), ruled that, since the improvement concerned, in this case, a 6,000,000 gallon reservoir for crop irrigation, had a substantial value extending far beyond the write-off period and overrode the landlord’s requirements, that there should be a write-off and substituted the statutory compensation under section 66 of the Act.
Also, where folded off, about a quarter of every root is left in the ground as it cannot be eaten. Market value evidence, if available, should be taken into account. 4 Growing crop of marrow stem kale Note that this crop is very susceptible to frost damage, and it is most unwise to agree to pay anything much for such crop after Christmas as often frosts render the crop valueless. Marrow stem kale has now lost popularity and hybrid kales, which are generally frost resistant and weather durable crops, are of far greater value.
Agricultural Valuations : a Practical Guide by R.G. Williams