104B
THE ESTATES GAZETTE
June 17, 1899.
VALUATION OF LAND AND HOUSES.
There has just been published an important book of great interest and value to the pro fession. The need of a good work on the principles of valuation of land and houses has long been felt, the first edition of Mr. Curtis’s standard work having long been out of print. This has now been, supplied by Mr. Charles E. Curtis, E.S.I., professor of forestry, consulting forester to the Right Hon. Lord O’Neill, Shane’s Castle, Antrim, in the new edition of his book, entitled “ Valuation of Land and Houses ” (Frank P. Wilson, Estates Gazette Office, 6, St. Bride-street, E.C., 6s.). In ■the manifold interests attached to land׳ and its ownership there is probably none of greater importance than that of value, and׳ when, the subject is thoughtfully considered and ,the practice acted upon, the far-spreading character of its influence beteomes apparent. It meets the novice at the commencement of his career, and follows him throughout his professional life, and as this work is primarily addressed to the younger members of the profession, although no doubt it will meet with the approval of those of ripe experience, it should prove of great service and benefit, and become one of the educational books for students. In the event of sale or purchase of a landed estate, or of some other corporeal hereditament; in the letting of property ; the purchase or sale of leaseholds ; or in the simple matters of realisation of produce, a knowledge of values is imperative. Mr. Curtis, in the first chapter, discourses on the first principles ot valuation and the determination of rent¡, and states the points to bt considered in making a valuation of a landed estate, such as subsoil, waiter supply, planta itions, and game, proximity to industrial centres, and the cost, of farm buddings, roads, fences, repairs and necessary outgoings, dealing also with the relation of capital value to rates of interest, and. land sales. The different interests in land are explained, even down to trade interruption and light and air, whflst the succession duties occupy the attention in another chapter. The nature of copyhold and enfranchisements are fully gone into, every information is given in respect of valuations for mortgages׳, parochial assessments, and finally various incidents and valuation of timber. An excellent appendix indicates the method of forming valuation tables, and practical examples of all kinds of valuations prepared by Mr. D. T. Davies׳, F.S.I., are given. Air. Davies has ably assisted Air. Curtis in the production of this sterling work, and Air. Curtis, jun., has given a clear exposition of tables.
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THE VALUATION OP LAND AND HOUSES.—
An important Handbook of Instruction upon this difficult subject. By Chas. E. Curtis, FSL Professor of Forestry, Surveying, etc., at Downton College, etc., etc., with Valuation Examples by D. Thos. Davies, F.S L, and Indication, etc., by IVOR Curtis, B.A. (Cantab).
■ter being second. In hacks, IS bands and over, the judges could not do otherwise than give the red rosette to Mr. Haines’ Herald once again, his nearest opponent being Cigarette, a smart bay owned by Mr. J. H. Stokes. Among hacks under 15 hands Mr. J. B. Gulley’s beautiful brown Elastic was first. Mr. Slater’s Badminton, however, made a good second. There was a very large entry in the class for single harness ponies, 14 hands and under, and the judges placed Mr. Franklin’s Lord Go Bang above Air. 0. Arthur Pearson’s Jet of Frens-ham. The Polo Pony Society’s gold medal for the best polo pony went to Mr. J. Gouldsmith’s bay gelding Silver Star. Class 15 contained the single ■harness horses, 15 hands and over (novices), and Messrs. Johnson and Digby were to the fore with Brilliance ,a beautiful five-year-old gelding, Mr. A. Butcher’s Kenric, as at Wembley, taking second prize. A good deal of interest was taken in the Suffolk horses, which were shown at Richmond for the first time. In the stallion class Alessrs. Pratt and Son were first with the Squire, and the fillies were topped by Sir Cuthbert Quilter’s Bawdsey Pearl.
US SCIENCE AND PRACTICE.
CONDÜOTBD BY
CHARLES E. CURTIS, F.S.I.,
Professor of Korest Economy, Field Engineering, and General Estate Management at the College of Agrioult-ure, Downton, etc״ etc.
PRICE OF OAK BARK AND TIMBER.
I have received the following interesting letter from “ E. G. M.,” an esteemed correspondent in Lancashire. I thank “ E. G. M.” very much, as it is in this exchange of views and incidents that reliable information can be rendered : —
“ On looking back over the bark sales of this estate, I find in 1870 oak bark sold for £7 per ton, chopped, sacked and delivered free on trucks at nearest railway station ; and the price of good quality oak timber 2s. per cubic foot in the wood. This season the prices are about one-half for a good quality ׳bark, £3 10s., and similar quality of timber, Is. At the same time a friend sold 30 ton the other day, price £3 per ton. Taking £3 5s. as an average price, and paying £2 8s. per ton for peeling, chopping, sacking, etc., and take 3s. per ton for loading in wood and carting to store, and from store to station, in the most favourable cases to 8s. per ton for wood in out-of-the-way places, this leaves very little for purchaser’s profits, trade losses, rents, etc.
“Unless bark is housed dry and with very little rain, it requires care, or a very low figure per ton is the result. No wonder timber merchants and coppice buyers are cutting without pealing to save trouble, with bark at the above prices. Timber, if cut at the proper season, the wood is of more value ; but coppice, unless used immediately, if cut and the bark unpeeled, it is not an advantage. In this district this season one can any time see good oak coppice suitable for basket■ making cut and carted away unpeeled (no doubt for immediate use). At the same time one cannot but regret this, as next season coppice sale prices will be down, and owners will suffer, as dealers will purchase accordingly.—E. G. M.”
THE POPLAR TWIG BORER.
The figure here depicted represents the beetle which emerged from the poplar twig,
sent by my Ulverston correspondent, and which I promised in my contribution of June 10.
ARTISTIC EFFECT IN PLANTING.
My correspondent “W. J.” kindly sends the following, which I publish with much pleasure. There is no doubt that our scenery may be greatly beautified by artistic selection when planting:—“With reference to your note on the artistic effects of planting in your “Notes on■ Forestry ” (Estates Gazette, May 6), it has often occurred to the writer how much plantations and park shelter belts, running by the side of a highway, can be improved by introducing a variety of trees. There is a very good example of this kind of planting to be seen in Temple-park, by the side of the road leading from Marlow to Maidenhead, by way of the Thicket. About this time of the year, when the laburnum, lilac and the pink chestnuts are in flower, the artistic effect is very beautiful ; there are also a number of coniferous trees intermixed with the hardwoods, including Weymouth, Scots, Douglas, etc., also various varieties of poplar and a few cedars.—W. J.”
ERRATUM.
In issue of Jnue 3, read, tor Chionaspis paxini, C. fraxini.
manding fine views of the surrounding scenery, and is within easy reach of the famous Yorkshire and Lancashire moors. There is capital stabling, a large covered yard, coach-house, etc The estate contains about 217 acres of excellent meadow and pasture land of a bold and undulating contour, and is picturesquely diver sified with plantations. It is divided into three compact farms, namely, Tewit Hall Farm, The Nook, and Broad'head.
The erstwhile village of Hendlon! has now for seme time enjoyed a measure of public appreciation as a residential district little less than that enjoyed by the town■ Of Hampstead, which it immediately adjoins. This is not to be wondered at, when one considers its advantages in the shape of bracing air, the picturesque charms of its scenery, and its easy accessibility from town. Building land hereabouts is rapidly rising in value, and really good ■sites are besoming somewhat scarce. What■ is probably the most eligible estate for building development in this district is now in the market and deserves attention at the hands of capitalists and investors. This property, which is entirely freehold, has a total area of over 300 acres, with an ■extensive frontage to !the Edg-ware-road, being about six miles distant from the Marble Arch, and within 15 minutes’ walk of Hendon Station on the Midland Railway. The disposition of the land is such as to make it possible to lay out the estate in an advantageous manner. The property is at present in the hands of Mr. W. B. Fordham, of Holly Mount, Hendon, for disposal.
The village of Haitch Beauchamp lies pleasantly amid the mlost delightful scenery of Somersetshire, at a distance of about six miles from the fine old county town of Taunton. In this parish, occupying a commanding position on elevated ground, is Hache Court, a noble mansion in ■the Italian style, standing in a veiy fine park and an estate of 310 acres. This property is to׳ be offered to auction by Messrs. C. R. Morris, Sons and Peard, of North Curry, at the London Hotel, Taunton, on July 1. The mansion, which presents a very imposing appearance, is built of Ham and Pontland worked stone ; it is rectangular in form, with towers at the angles, and the principal or south front possesses a noble arcade extending along the entire width of the building. The interior arrangement of the residence is in every way admirable. A fine herd of deer roam the park which surrounds the mansion, there are extensive woods and pleasure grounds, and throughout these one gains magnificent views over the country about.
RICHMOND HORSE SHOW.
Gloriously fine weather and an increased number of entries again ensured the perfect success of the Richmond Horse Show, which, for the ■eighth time, was opened in the Old Deer Park, Richmond, on Friday last week. The meeting drew a very large and influential gathering both on Friday and Saturday, and it ■would seem as though it were likely to become quite a fashionable fixture, like Henley, or Ascot. On Friday afternoon the Duke of Cambridge was present, General Williams and Colonel Fitz George being in attendance upon him.
The whole of the arrangements in connection with the show were again admirably carried out by ,an executive committee, of which Air. W. Piggott, a well-known land ■agent, was an active member, whilst the arduous duties of secretary and manager were discharged by Captain Gerald Fitzgerald. The society has among its patrons H.M. the Queen, ,whilst H.R.H. the Duke of Teok, G.C.B., is president, and Air. Romer Williams (Messrs!. Williams and James, Norfolk House, W. C.), vice-president. The judges were : Hunters, the Right Hon. the Lord Annaly, the Right Hon. the Earl of Orkney ; hacks, Captain G. S. Phipps Hornby, and Mr. Hugh Owen; harness horses, Sir Gilbert Greenall, Bart., Al.F.H., and Air. Henry Frisby ; polo class, Air. E. D. Miller and Mr. John Watson, Al.F.H. ; Suffolk horses, Air. W. Biddell and Mr. James J. Hornby ; tradesmen’s horses, Air. George Stimpson, Mr. Matthew Clarke and Air. T. G. Chesterman ; jumping, Lord Alfred Fitzroy and Mr. Romer Williams.
In the class for novice hacks, 15 •hands and over, Air. E. G. Haines’ grand chestnut gelding, Herald, once more carried off first prize, as he did at the Crystal Palace and Wembley, and also secured subsequently the valuable challenge cup. Messrs. Johnson and Digby were second with Cardinal, the reserve being given to Air. Rucker’s Buttercup, a four-year-old chestnut, by Golden Promise. The exhibits in the class for hacks under 15 hands were of a very high order. Air. George Slater was a good first with Badminton, a brown, with exceedingly fine action, and, in fact, a real good animal all round. Air. J. Goldsmith took the second prize and reserve honours with Maid Alarion and Silver Star respectively, a pair of charming hacks. Among the covert hacks (any height) Air. E. A. Downer’s clean-limbed dark chestnut Alarigold, after a very keen contest with Aliss Violet Haines’ Le Grand, won the first place, the lat-
'Mr. Thomas, a solicitor, who had acted for both Mr. Watson and Mr. Syrett in drawing up the proposed lease, said they did not agree over the question of “substantial” repairs, and on February 21 Mr. Watson wrote the following telegram in witness’s name:—“Wire acceptance before Thursday at least as it stands or else negotiations are off.” Eventually they received a communication from Messrs. Darnell and Price, Air. Syrett’s solicitors, stating on behalf of their client, that the matter was “ off.” The Judge decided against the plaintiff, on the ground that Air. Syrett could not be described as “ a purchaser, willing and able to complete. ”	___________________
PROPERTIES IN THE MARKET.
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By reason of the numberless salubrious and picturesque spots within its borders, Hamp-shire has always been held in high favour by those in search of residences in the southern counties. A little more than two miles fx‘0m the pleasant town of Romsey, and within easy reach of Salisbury, Southampton, and the city of Winchester, is the very attractive freehold estate known as Jermyns, which Messrs. Gudgeon and Sons will shortly offer for sale by auction, if not previously disposed of, which is not improbable. The property is situated in a charmingly wooded district, on gravel soil, and about 160 feet above the sea level. It consists of an excellent mansion of considerable acccm-moda-tion, with first rate stabling for ten horses, farmery, two capital cottages, produc-tive kitchen garden and glass houses, attractive and most beautifully wooded and naturally choice pleasure grounds, the whole surrounded by a park of about 50 acres. For fine timber of every description, shaded׳ walks, and general attractiveness the estate cannot be surpassed by any of its size In the county.
A little more than a mile from the pleasant Worcestershire town of Bewdley—famous for the beauty of itsl surrounding steenery—■is situated the valuable and highly attractive free-told residential estate, known as Spring Grove, ׳which Alessrs. Bentley, Hobbs and Mytton will sell by auction, at the Grand Hotel, Birmingham, on July 6. The property comprises an excellent mansion, built mainly of stone, with two lodges, carriage drive ap-proach, beautifully timbered grounds, omar mental water, pleasure grounds, plantations. 6tables, etc. The estate is delightfully ptuated on an eminence, commanding extensive and beautiful views׳ of the Severn Valley, Wyre Forest, and the surrounding scenery. Included in the sale are Spring Grove Farm, with farm-house, buildings, and land ; Spring Grove Villa, with house, buildings, and land ; several cottages and allotment land!. The whole estate comprises an area of about 465 acres.
The change and decay that is constantly tak-ing place in the character and circumstances of favourite seaside resorts necessitates _ the opening up of new places from time to time. One of the new south coast resorts is that of Parkstone, a delightful little village standing at the north-east extremity of Poole Harbour, and surrounded! on the landward ^ side by charming country. Parkstone, which has a station on the main line of the L. and S.-W. Railway, is fast going ahead, and land here-abouts * is being taken up rapidly. Some 52 freehold׳ building sites on the Sandecote Estate there are to be offered to auction, in a marquee oni the estate!, on June 29, by Alessrs. ■Hankinson and Sons. The estate is fully pre-pared for building upon, the roads being■ made and the water laid on. The sale, which will include a magnificent site for the erection of a first-class hotel, will offer an excellent oppor-tunity for investment.
The little Norfolk village of Ingham, with its beautiful church, is justly described as be ing in the centre of a district interesting alike to sportsmen, naturalists, artists, and anti-quarians. It is here that is situated the well-known Alanor House Estate, which Alessrs. Aladdison, Milos and Maddison will offer for sale at the Swan Hotel, Stalham, on the 19th instant■. The whole estate, of about 126 acres, comprises an extremely desirable small free-hold sporting property. It includes a comfort-able modem residence of moderate size, farm-house, cottages, etc., as well as an extremely valuable freehold accommodation meadow, well-known throughout the district as the Fairstead, on which from time immemorial the important lccal event, Ingham Fair, has been held. The property is close to the sea, and within half an hour’s walk of Stalham Railway Station and Broad.
Within two miles of Haworth—henceforth to be ranked, on account of the Bronte sisters, among England’s most cherished literary shrines—is! situated the valuable freehold res־.׳ dential estate, known as the Tdwit Hall Estate, Oakworth, which Air. AVilliam Weather-head will offer far sale, at his auction rooms, ILow-sftreet, Keighley, on the 28th instant. The mansion—the interior of which is׳ hand-somely and conveniently arranged—has a southern aspect, is seated on an eminence, com-