AQW 17818/17-22 Written question to the Minister of Finance
To ask the Minister of Finance, pursuant to AQW 17047/17-22, how Land and Property Services calculated valuations for plots of land at Portavoe Reservoir.
Asked by Andrew Muir MLA on 22 April 2021
- Answered
- Written
- Priority
- Tabled
- 22 April 2021
- Answer due by
- 28 April 2021
- Answered
- 26 April 20214 days after tabling
- Department
- Department of Finance
- Priority question
- Yes
Answer
The valuations for the plots of land reflect the physical nature of the site itself and obligations transferring with ownership, and were assessed by comparison to open market sales of similar property types that were former NI Water properties.