Valuing in the Hypothetical World
Nick Eden delivered a talk “Valuing in the hypothetical world” at the Index Conference at Warwick on 8th March attended by over 100 people comprising surveyors and lawyers. He delivered the talk and a Q and A session afterwards with Zia Bhaloo QC of Enterprise Chambers.
The thrust of the joint talk was perspectives on value and the framework of assumptions within which value should be applied to ensure a reliable valuation result. The principal messages were that the market is king and that assumptions which are made should be realistic and not numerous. It was emphasised that case law should be used with care as often valuation related cases turned on particular circumstances and may not be applicable across the board.