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Might the principles of ransom strip valuation be relevant?
http://www.rics.org/uk/knowledge/glossary/ransom-strips/
The land would be worth 1/3 of the uplift in value of your property. It's not an exact parallel though, I grant you.
NickCJ
bq
My house is in a small mews courtyard, owned by the previous owner of my house. I want to buy this courtyard (and she wants to sell) but I don't know how to get it valued. It cannot be built on, and it's only value is to us and our neighbours. To anyone else (including the seller) it's pure liability.
Would a normal estate agent be the right person to value this or are there some kind of specialist valuers?