Statutory Valuation

please follow the instructions in the files below. i really want to make sure that its good before it is submitted so please send drafts thank you. Layer 1 Correct Compensation Heads (Baseline 60%) You must correctly identify: Market Value (Rule 2 Land Compensation Act 1961) Disturbance Relocation costs Loss of profits Fees Severance / Injurious affection (if relevant) Advance payment rules Most students stop here. That caps marks around 6065. Layer 2 Evidence Justification (70% Territory) You must explain: WHY each item is recoverable WHICH statutory rule allows it WHETHER tribunal would accept it WHICH evidence strengthens it Example markers LOVE: While relocation machinery costs are likely recoverable as disturbance losses, the acquiring authority may challenge the necessity of premium service installation. Supporting evidence from the specialist engineer strengthens the claimants position. That sentence alone is First-class thinking. Layer 3 Claim Defensibility + Risk Analysis (72%+ Territory) You must actively evaluate: Which claims are weak Which claims are inflated Which claims authority will dispute Which claims require negotiation strategy Example: Medical stress claim Re-opening launch event Staff overtime These are deliberately included to test you. First-class students say: This claim is unlikely to be recoverable because… The Claim Schedule (25 Marks Massive) Most students list costs. First-class scripts: Structure schedule professionally Categorise under compensation heads Add justification column Highlight disputed items Reference statutory authority Markers want to see something that could be submitted in real practice. TASK B Statutory vs Non-Statutory Valuation (20 Marks) Most students lose marks here because they explain definitions only. 70%+ answers: Compare purpose of valuations Explain taxation vs compensation philosophy Use real examples Discuss policy rationale Show professional consequences You must explain WHY statutory valuation exists not just WHAT it is. TASK C Asset Valuations (20 Marks) This is technical valuation skill. First-class answers: Choose correct method AND justify why Discuss covenant strength risk Adjust comparables professionally Show assumptions transparently Demonstrate awareness of valuation uncertainty Markers look for RICS-style reasoning. CLIENT REPRESENTATION (Hidden First-Class Booster 20 Marks) Most students massively underestimate this. You are being tested on: Negotiation awareness Professional judgement Strategic advice Risk prioritisation 70%+ students include: Advice on advance payment negotiation Likely authority objections Settlement strategy Timing risks (major order deadline VERY IMPORTANT) That ?3M contract is not random. Its a professional judgement test. The Coursework Has Deliberate Traps You are expected to spot these. Items likely NOT fully compensatable: Stress medical claim Re-opening launch event Possibly publicity costs Potential machine upgrade vs relocation issue If you claim everything blindly you lose marks. Presentation Marks (Easy First-Class Boost) Markers explicitly want: Professional report style Populated claim schedule Third-person writing Harvard referencing Consultancy tone What First-Class Students Do Differently In THIS Assignment They constantly ask: Would a tribunal accept this? Would acquiring authority dispute this? What evidence strengthens this? What negotiation position does client hold? What Your Lecturer Is Secretly Testing From your brief learning outcomes: They want you to demonstrate: Legal knowledge Valuation competence Professional advisory judgement Negotiation strategy Evidence interpretation Not just calculations. The Golden 70% Formula For This Coursework Every compensation item must include: 1. Identify compensation head 2. Cite statutory basis 3. Provide valuation/calculation 4. Evaluate likelihood of recovery 5. Give client advice If you miss step 4 or 5 you usually drop below 70.