1. Prepared for: Extra care monopoly 17 February 2015 Ben Hartley Housing LIN

2. Who we are Ben Hartley and Amanda Nurse, founding Directors Both Chartered Surveyors Formed Carterwood in 2008 Total team of 14 plus outsourced non core expertise Carterwood has become one of the leading providers of advice in relation to the care home, extra care and care village sectors

3. Private extra care monopoly Objectives Rules of the game 10 minute guide to valuing/assessing an extra care development site!

4. Factors to consider Location Accessibility Setting Proximity to facilities/amenities Wealth profile Prevailing local sales rates Asset Site characteristics Specification and housing type Unit size/mix Scheme size Communal/ancillary facilities Market Assume there is one! Operational Not applicable as development site

5. TITLE DEED DROITWICH SPA, WORCESTER

6. TITLE DEED DROITWICH SPA, WORCESTER Land value: A. £800,000 B. £1,200,00 C. £1,500,000. Asking minimum unit price (1-bed) A.£145,000 B.£160,000 C.£175,000 Asking maximum unit price (2-bed) A.£220,000 B.£250,000 C.£280,000

7. TITLE DEED DROITWICH SPA, WORCESTER Land value: A. £800,000 B. £1,200,00 C. £1,500,000. Asking minimum unit price (1-bed) A.£145,000 B.£160,000 C.£175,000 Asking maximum unit price (2-bed) A.£220,000 B.£250,000 C.£280,000

8. TITLE DEED CHALFONT ST PETER, BUCKS

9. TITLE DEED CHALFONT ST PETER, BUCKS Land value: A. £4,500,000 B. £6,000,000 C. £7,500,000. Asking minimum unit price (1-bed) A.£400,000 B.£500,000 C.£600,000 Asking maximum unit price (2+-bed) A.£950,000 B.£1,350,000 C.£1,600,000

10. TITLE DEED CHALFONT ST PETER, BUCKS Land value: A. £4,500,000 B. £6,000,000 C. £7,500,000. Asking minimum unit price (1-bed) A.£400,000 B.£500,000 C.£600,000 Asking maximum unit price (2+-bed) A.£950,000 B.£1,350,000 C.£1,600,000

11. TITLE DEED BATTERSEA, LONDON

12. TITLE DEED BATTERSEA, LONDON Land value: A. £18m B. £29m C. £37m Asking minimum unit price (1-bed) A.£600,000 B.£700,000 C.£800,000 Asking maximum unit price (3-bed) A.£2,000,000 B.£3,000,000 C.£4,000,000

13. TITLE DEED BATTERSEA, LONDON Land value: A. £18m B. £29m C. £37m. Asking minimum unit price (1-bed) A.£600,000 B.£700,000 C.£800,000 Asking maximum unit price (3-bed) A.£2,000,000 B.£3,000,000 C.£4,000,000

14. Aztec Centre, Aztec West, Bristol BS32 4TD T: 08458 690777E: info@carterwood.co.uk F: 01454 838048www.carterwood.co.uk Contact: Ben Hartley M: 07866 617925 E: ben.hartley@carterwood.co.uk