Case Study Flashcards
CS: On the site map, what does the red crosses mean on the road?
Change is level/ gradient
CS: What does TCB mean on the site map?
Telephone call box
What do the black dots on the site map mean?
Obstruction
On the site map, it says farm, do farms suffer from contamination? If so how would you reflect the risk of contamination?
Yes. Increasing the build costs/ contingency/adding a higher site clearance cost
CS: What contingency did you adopt? if there was no contamination what contingency would you use?
I used 7.5%. If there was no contamination I would use 5%.
How did you reflect planning risk?
Increased timeline, increased contingency, increased professional fees
What factors affect your profit on cost?
Risk to how easy/ quickly units will sell
How did you identify the site boundary?
Looked at land registry
if the property/ site was not on Land Registry how would you find out the site boundary?
-Old title deeds potentially held by the client.
-If all the surrounding sites are registered then you can work out the boundary.
What is the benefit of having a registered title?
Legal Certainty and Security
Clear Boundaries and Easements
Simplification of Transactions
On the site map, what does the T at the top right mean?
Drainage ditch
CS: Who undertook the massing study for the site?
JTP Architect
Did you spot any asbestos on site?
CS: No I also requested if an aspestos register had been created. it had and it concluded that there was no asbestos on site
Where might you find asbestos in a 1960’s building?
Window boards
Corrugated roof
Piping insolation
How did you determine the capital value of the proposed development?
I used comparable evidence to determine a spot price for each resi unit time. I then used the price per sqft to sense check my MV.