Abstract
Damages on contaminated land have been mostly assessed for developments subsisting on the land, neglecting the goods and services derived from the land which possess only socio-cultural values. This paper aims to ascertain the importance of socio-cultural values in the total economic value of contaminated land, drawing from the experience of a coastal community oil spillage in the Niger Delta. The paper examines what constitutes a valuable interest on contaminated land and how socio-cultural factors are valued in the damage assessment process. After reviewing the literature and decided cases, a questionnaire survey was conducted and a sample valuation report was analysed. It is concluded that there exists a socio-cultural interest on contaminated land which professional valuers do not reflect in damage assessment claims. It is recommended that any comprehensive damage assessment requires the incorporation of socio-cultural values in the valuations.
Original language | English |
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Pages (from-to) | 675-692 |
Number of pages | 18 |
Journal | Land |
Volume | 3 |
Issue number | 3 |
DOIs | |
Publication status | Published - 9 Jul 2014 |
Externally published | Yes |
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Profiles
-
Leslie Ruddock
- Department of Architecture and 3D Design - Professor of Construction and Property Economics
- School of Art, Design and Architecture
- Innovative Design Lab Research Centre - Member
Person: Academic