Thank you for your question..
Do you have valuation of property/land when you purchased it?
If you bought a derelict barn then the land price is likely to be a high percentage of total cost paid
Thank you for your reply..
The plot covering the house is about four fifth of the complete plot. I would be tempted to say the value of land when bought is around £60k-£65k on the basis the barn was derelict and the building was not worth much but the plot had planning potential.
Here is a link to a site that gives indicative values of land.
The alternative is to contact Valuation Office Agency
I hope this is helpful and answers your question.
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