Data Management Level 2 Flashcards

1
Q

How do you verify the information you collect from the sources you mention?

A
  • Cross reference the information against the other sites.
  • Call the agent/occupier up to ensure the correct information
  • Look on land registry to see of there is any information.
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2
Q

What data protection infringements could occur?

A

Data could personally identify people, including:
- Name
- Address
- Company
- Email address

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3
Q

Why do you convert information into a presentable format?

A

To ensure understanding for the client and any other users.
Also, protects any information which could be a data infringement.

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4
Q

How do you present the information?

A
  • Table
  • Graph
  • Written
  • Presentation
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5
Q

Hope Value Land - Bristol
What is hope value?

A

Value in excess of existing use value to reflect prospect of some more valuable future use of development.

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6
Q

Hope Value Land - Bristol
Why did you save the sales particulars and obtain land registry documents?

A

To ensure I had all the information available to present to the otherside/client. I obtained the land registry documents to verify the information and ensure it is correct.

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7
Q

Hope Value Land - Bristol
How did you ascertain the planning position of the comparables?

A
  • I searched the councils planning website for any planning permissions.
  • I had regard to local planning maps to see if the comps were in conservation, greenfield areas or land available for development.
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8
Q

Hope Value Land - Bristol
What documents did you have regard to?

A
  • Local plans
  • National Planning Policy Framework (NPPF)
  • Planning websites
  • Planning maps
  • RICS Valuation of development property
  • Red Book
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9
Q

Hope Value Land - Bristol
How did you save the data?

A

I saved the data in secured drives which had restricted access to only those working on the case.

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10
Q

Hope Value Land - Bristol
How did market reports and speaking to planning agents assist?

A

Enabled me to confirm and verify the information and comparables I had found. Market reports also gave me an idea of how the market was behaving.

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11
Q

Hope Value Land - Bristol
Why did you save the information in secured drives?

A
  • So the information can’t be lost.
  • No data infringements
  • Information cannot be seen any unauthorised persons.
  • Act as an information barrier for any other valuations being undertaken.
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12
Q

Office - Birmingham
Did you just use your internal database to collate evidence?

A

No, I searched external sites such as Costar and Eig auctions for comparable evidence and to verify the information found.

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13
Q

Office - Birmingham
Was the table produced compliant with NDR regulations?

A

Yes, the table was produced in line with the regulation 17 notice which allows the VOA to provide comparable evidence in support of valuations.

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14
Q

Office - Birmingham
What information did you redact to ensure compliance with DPA 2018?

A
  • Names
  • Addresses
  • Company information
  • Email Addresses
  • Phone numbers
  • Financial records / information
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15
Q

Asset valuation - Cannock
What was the current planning status of the land?

A

The land had no live planning permissions so was just grassland.

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16
Q

Asset valuation - Cannock
Did the planning status affect your valuation?

A

Yes, I searched for other similar comparables of grassland with no planning consent.

17
Q

Asset valuation - Cannock
How did you verify the land was in flood zone 3?

A

I searched the government flood map website and cross-referenced with the SDLT plan provided.

18
Q

Asset valuation - Cannock
How did you save the information?

A

I saved them in secured drives which are backed up on to a network file. The files are password secured to restrict access to certain people.

19
Q

Asset valuation - Cannock
Did you have the right to access and save this data?

A

Yes, all the information was publicly available or on internal systems. For the internal information I obtained the land registry documents.