The Trustees Of The Sloane Stanley Estate v Mundy [2016] UKUT 223 (LC) (10 May 2016)
LEASEHOLD ENFRANCHISEMENT – premium payable in respect of new lease – three separate cases – freehold vacant possession value agreed in one case – decision as to freehold vacant possession values in the other two cases – the value of the existing leases with rights under the Leasehold Reform, Housing and Urban Development Act 1993 - “real world relativity” – the Savills 2002 enfranchisable graph – the value of the existing leases without rights under the 1993 Act – hedonic regression – the Parthenia model rejected – the deduction to be made to reflect the absence of rights under the 1993 Act - other graphs of relativity for leases without rights under the 1993 Act – the resulting values – future cases - Leasehold Reform, Housing and Urban Development Act 1993, sch. 13, Part II
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