AQW 17818/17-22

Mr Andrew Muir
Alliance Party
North Down

Tabled Date: 22/04/2021
Answered On Date: 26/04/2021
Priority Written: Yes

Question:
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.

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.