FOI release

HS2: property compensation cost model

Response to query about property blight for HS2 Phase One and Phase Two.

Documents

HS2 and property blight: Freedom of Information letter, July 2014

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CBRE bond and voluntary purchase zone (VPZ) costs spreadsheet

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Details

This is a response to a Freedom of Information request about property blight for HS2 Phase One and Phase Two.

Background information on the response documents

Department for Transport’s response features a spreadsheet created in 2012 by CBRE to assess the relative indicative cost estimates based on subjective assumptions of different combinations of property compensation schemes. In order to get the compensation package right, it was necessary to plan using assumptions about a range of factors, including:

  • scheme up-take
  • average property values
  • the level of blight

The figures contained in these documents are not predictions about blight, they are illustrative assumptions for assessing the relative cost of different combinations of property compensation schemes. We have already announced compensation and assistance schemes that go well beyond legal requirements and offer an effective means of helping people with blight, with measures applicable to residents in all of the proximities displayed in the documents.

Published 8 July 2014