Ransom Strips

Question 1

What is a ransom strip?

Answer 1

Piece of land which controls the access to another piece of land

Question 2

What is the generally accepted valuation for ransom strips?

Answer 2

• 15-50% of the development value unlocked by the inclusion of the ransom strip within the proposed development scheme
• In some cases a fixed sum has been awarded
• Upper Tribunal (Lands Chamber) assesses each case on its own facts