TREASURY AND RESOURCES DEPARTMENT
PROPERTY HOLDINGS
Property Transaction for Ministerial Decision - Minister for Treasury and Resources
Sale of Property at Le Squez Phase 1b
PG/1224/1
Purpose
To seek approval from the Minister for Treasury and Resources to allow the public to enter into deeds of sale in accordance with schedule 1 (attached) to each of the named parties in relation to the respective identified properties in St Clement. The Public will also enter into a bond with each nominated party setting out the terms of indebtedness to the Public in respect of an agreed capital sum together with such further payments due thereon as part of the deferred payment scheme.
In addition to this the Public will be party to any billet(s) in relation to the bond that may be necessary.
Background
On the 30 April 2007 the Housing Minister approved MD-H-2007-0029 “Le Squez Phase 1b Sale of Homes” which related to the potential sale of all properties in the recently refurbished development to be known as Les Cloches. On the 30 October 2007 the Housing Minister approved MD-H-2007-0078 for the sale of 28 specific residential units.
Current Situation
The Minister for Housing seeks the acceptance of the Minister for Treasury and Resources to the terms and conditions which have been agreed between the Housing Department on behalf of the Public and the parties named in Schedule 1 to enter into a deed of sale for those properties and at the prices stated in the schedule.
The Public would also enter into a bond with each of the prospective purchasers setting out the terms of indebtedness to the Public in respect of an agreed capital sum together with further payments due thereon. The assessed deferred sum for each transaction is set out in Schedule 1. A sample template of the bond is available for information.
Where appropriate the Public will also enter into a billet(s) with the respective owner to register bonds against the property or part thereof as required.
The parties will pay their own legal costs in relation to this transaction.
Due to the historical nature of these transactions, Property Holdings is unable to comment on the valuation policy adopted in 2005 that determined the assessed deferred payment sum. The process adopted by the Housing Department is however consistent with Social Housing Property Plan 2007 – 2016 P.6/2007 section 3.7.1 approved by the States of Jersey on 17 July 2007.
The Housing Department entered into agreements with the prospective purchasers in 2005. Those agreements, which included the payment of a deposit, established the pricing structure at that date.
Whilst a general increase in values in the housing market since fixing the original agreed sale prices in 2005 might suggest that these assessed sums do not reflect current first time buyer values, it is not appropriate to re-assess the values in accordance with the current market, hence no valuations have been undertaken by Property Holdings.
A statement on the sale prices being offered has been made by the Minister for Housing to the Council of Ministers. Improved valuation procedures are now in place to address these issues in the future.
It has been confirmed by the Director of Estate Services in a letter dated 14 November 2007 that the proposed purchasers are existing States tenants and bone fide first time buyers approved by the Minister for Housing as being eligible to purchase under the provisions of the approved Social Housing Property Plan and subsequent Allocations Policy.
Conclusion
The process complies with the Social Housing Property Plan 2007 – 2016 P.6/2007 section 3.7.1 approved 17 July 2007. The property prices and the deferred sums were determined in 2005 prior to the adoption of MD-H-207-0057 dated 27 August 2007 “Valuation Policy for sale of homes in accordance with the Property Plan”.
It is therefore on this basis that the Minister’s acceptance to the proposed sales is sought.
Recommendation
In these circumstances, it is recommended that the decision of the Minister for Housing is accepted
Written By: Paul Griffin
Signature …………………………
Authorised By: Paul Tucker
Signature ………………………… Date 16 November 2007
Schedule 1
Property | Name of | Deferred | Agreed Sale Price |
Allocated | Purchaser | Payment | |
| | | |
| | | |
No 4 | Mr Paul Richard Tucker & Mrs Anne Tucker nee Shales | £50,062.50 | £200,250.00 |
No 5 | Miss Deborah Ann Blampied | £50,062.50 | £200,250.00 |
No 6 | Mr James Frame & Mrs Nadine Marie Frame nee Gorvel | £50,062.50 | £200,250.00 |
No 7 | Mr Roger Cleo Harper & Mrs Karen Elizabeth Harper nee Knight | £50,062.50 | £200,250.00 |
No 9 | Mr Louie Ashley Bowen and Mrs Diane Angela Bowen nee Le Hucquet | £50,062.50 | £200,250.00 |
No10 | Mr David Richard McMurray & Mrs Lisa Ann McMurray nee Blake | £50,625.00 | £202,500.00 |
No 14 | Mrs Annie Yvette Enault nee Bedel | £50,000.00 | £200,000.00 |
No 15 | Mr Martin David Skuce & Mrs Wendy Brigid Skuce nee Richardson | £54,000.00 | £216,000.00 |
No 16 | Mr Gordon Dixon and Mrs Linda Dixon | £50,062.50 | £200,250.00 |
No 17 | Mr Barry Roy Gaughran & Mrs Alison Patricia Gaughran nee Cox | £50,062.50 | £200,250.00 |
No 18 | Mr Steve Batista & Lisa Caren Batista nee Sangan | £50,062.50 | £200,250.00 |
No 19 | Mr Alberto de Aveiro & Mrs Danielle Claire de Aveiro nee Hochet | £50,062.50 | £200,250.00 |
No 21 | Mr Paul Anthony Quemard & Mrs Kerry Lisa Quemard nee Huchet | £50,625.00 | £202,500.00 |
No 22 | Mrs Jeanette Elaine Harris nee Tanner | £50,000.00 | £200,000.00 |
No 24 | Mr Marco Manuel de Sousa & Mrs Iolanda Maria Brito de Sousa nee de Freitas | £51,250.00 | £205,000.00 |
No 32 | Mr Wayne Brian Webber and Mrs Deborah Mary Webber nee O'Sullivan | £49,500.00 | £198,000.00 |
No 33 | Mr Victor Walterson Smith & Mrs Maria Yvonne Smith nee Moore | £49,500.00 | £198,000.00 |
No 34 | Miss Tracy Hannaford | £49,500.00 | £198,000.00 |
No 36 | Mr Colin Sydney Le Clercq | £49,500.00 | £198,000.00 |
No 38 | Mr Tristan Guy Pope & Mrs Nicole Louise Pope nee Robinson | £53,750.00 | £215,000.00 |
No 39 | Mr Ian Ronald Martin & Mrs Lynette Anne Martin nee Jeune | £54,000.00 | £216,000.00 |
No 40 | Mr Paul Anthony Le Lievre & Mrs Catrina Le Lievre nee Minter | £52,875.00 | £211,500.00 |
No 41 | Mr Carl Ian Coates & Mrs Susan Margaret Coates nee Stubbs | £52,875.00 | £211,500.00 |
No 42 | Miss Louise Dorothy Robins & Mr Andrew Mark Le Fustec | £52,875.00 | £211,500.00 |
No 43 | Mr Jose Manuel de Freitas & Mrs Mhairi Christine Margaret de Freitas nee Stuart | £52,875.00 | £211,500.00 |
No 47 | Mr James Milroy & Mrs Susan Elizabeth Milroy nee Prout | £55,000.00 | £220,000.00 |
No 48 | Mr Jose Martinho Pacheco & Mrs Maria Dolores Pacheco nee de Freitas | £55,000.00 | £220,000.00 |
No 49 | Mr Anthony Volante & Mrs Belinda Volante | £55,000.00 | £220,000.00 |
Le Squez Phase 1b – sale of homes - prices (MD-H-2007-0029)
Introduction A decision made (30/04/2007) regarding: Le Squez Phase 1b - sale of homes - prices.
Decision
Subject: | Le Squez Phase 1b – sale of homes - prices |
Decision Reference: | MD-H-2007-0029 | Exempt clause(s): | |
Type of Report: (oral or written) | Written | Person Giving Report (if oral): | |
Telephone or e-mail Meeting? | | Report File ref: | WR - Le Squez Phase 1b - homes for sale - prices 13-4-07cm |
Written Report – Title | WR - Le Squez Phase 1b - homes for sale - prices 13-4-07cm | Written report - author | Carl B Mavity – Director of Estate Services |
Decision(s): 1. The Minister approved the increase in sale prices of homes at Le Squez Phase 1b to the newly assessed first time buyer values less a maximum enabling and repayable discount of 25% 2. The Minister agreed to seek the approval of the Treasury and Resources Minister to that arrangement. |
Reason(s) for decision To ensure that the sale prices reflect the current value of the assets |
Resource implications Financial: NIL Manpower: NIL Property: NIL ICT: NIL Law Drafting: NIL |
Action required: Copy of Decision and Report to be forwarded to Treasury & Resources Minister for approval |
Signature: (Minister/ Assistant Minister) | Date of Decision:
30 April 2007 |
| | | | |
Date of Report: 27th April 2007
REPORT FOR HOUSING MINISTER
HOMES FOR SALE LE SQUEZ, PHASE 1B
Background
In November 2005, the sale of the first 18 of 208 planned completed homes at Le Squez/Le Marais were sold by the Department to existing States Tenants at a discount below first time buyer market levels. That discount of 10% is to be recouped on the next conveyance of the individual properties, P19/2004 refers.
Sale prices ranged from £211,000 for a 3 bedroom home to £238,500 for a 4 bedroom home.
Phase 1b of Le Squez which is due for completion in August 2007 is under construction at present and is made up of the following accommodation:-
3 No. New Build 4 Bed Houses
13 No. New Build 3 Bed Houses
5 No. New Build 2 Bed Houses
3 No. New build disabled 3 bed Houses
1 No. Refurbished 5 bed House
2 No. Refurbished 4 bed Houses
30 No. Refurbished 3 bed Houses
3 No. New build 2 Bed Flats
15 No. New build 1 Bed Flats
Health & Social Services Day Care Centre
A site plan depicting the scheme is attached at Annex A.
All of the flats are to be retained for rental purposes.
The 2 No. refurbished 4 bedroom houses, 26 No. 3 bedroom houses and all of the 2 bedroom houses have been earmarked for sale to existing tenants and deposits of £1,000 are held against 26 of them.
In most cases the deposits were accepted in 2004 & 2005 with prices for the completed homes reflective of 2004 first time buyer market levels.
The Department’s new Management Team have been most conscious that property prices have been increasing steadily since 2004 and were determined to ensure that any planned sale of what are Public assets should be at realistic market levels at the time. A recent valuation exercise carried out by 3 experienced local estate agents has suggested what the sale prices should now be. A schedule of the original sale prices, prices suggested by each agent, averages thereof and variances is attached at Annex B.
It can be seen that taking the averages of the recent valuations all of the agreed proposed sales are at prices at least £65,000 below present first time buyer market levels, not surprising given the fact that 3 years have passed since prices were fixed.
Sales of the homes at the prices agreed thus far would result in excessive profiteering by some buyers who could sell immediately after purchasing and realistically expect to make up to £85,000 profit. That cannot be what was intended of a scheme which was designed to be an enabling discount to assist tenants in gaining 100% mortgages in order to be able to purchase. Indeed avoiding such profiteering was specifically referred to in the report which accompanied P19/2004.
Proposal
It is proposed that the sale prices for the homes at Le Squez 1b should be increased to the new first time buyer market levels using as a guide the average of the prices suggested by the 3 Agents at Appendix B.
Legal advice received from HM Solicitor General suggests that the deposit agreements entered into do not hold the Department to sell at a particular price. However, it is easily appreciated that some potential buyers may be at the ceiling of their borrowing potential and an increase in asking price could preclude them from purchasing, an eventuality which should ideally be avoided. One option would be to increase the asking price and the enabling discount correspondingly up to a maximum of 25%, so as to maintain the discounted purchase price or limit the amount of any necessary price increase.
For example; House number 10 had a previous first time buyer value of £225,000. The benefit of the 10% discount provided for a sale price of £202,500.
If the value of that house is now £280,000 as suggested, then a 10% discount would provide for a sale price of £252,000, some £49,500 more than would have been indicated to the proposed purchaser in 2004. Widening the level of the deposit to 25% as is proposed in the Property Plan would allow for that home to be sold at £210,000. This would in effect be increasing the amount that purchaser has to pay to buy the home by only £7,500.
Recommendation
That the Minister:-
1. Approves the increase in sale prices of homes at Le Squez Phase 1b to the newly assessed first time buyer values less a maximum enabling and repayable discount of 25%
2. Seek the approval of the Treasury and Resources Minister to that arrangement.
C B MAVITY - Director of Estate Services
Le Squez Phase 1b Valuations |
| | | | | | | | | | |
House No. | New or Refurb | Type | AGENT 1 | AGENT 2 | AGENT 3 | Average Sale Price at 100% | Average Sale Price at 75% | Residual Value @ 25% | Agreed Sale Price | Difference |
| | | | | | | | | | |
1 | Disabled Unit NEW | 3 | £ 310,000.00 | £ 325,000.00 | £ 315,000.00 | £ 316,666.67 | £ 237,500.00 | £ 79,166.67 | NOT FOR SALE | £ - |
2 | Disabled Unit NEW | 3 | £ 300,000.00 | £ 320,000.00 | £ 315,000.00 | £ 311,666.67 | £ 233,750.00 | £ 77,916.67 | NOT FOR SALE | £ - |
3 | NEW | 4 | £ 310,000.00 | £ 310,000.00 | £ 315,000.00 | £ 311,666.67 | £ 233,750.00 | £ 77,916.67 | No agreement | £ 311,666.67 |
4 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
5 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
6 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
7 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
8 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
9 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
10 | REFURB | 3 | £ 275,000.00 | £ 280,000.00 | £ 285,000.00 | £ 280,000.00 | £ 210,000.00 | £ 70,000.00 | £ 202,500.00 | £ 77,500.00 |
13 | NEW | 2 | £ 270,000.00 | £ 270,000.00 | £ 265,000.00 | £ 268,333.33 | £ 201,250.00 | £ 67,083.33 | £ 200,000.00 | £ 68,333.33 |
14 | NEW | 2 | £ 270,000.00 | £ 270,000.00 | £ 265,000.00 | £ 268,333.33 | £ 201,250.00 | £ 67,083.33 | £ 200,000.00 | £ 68,333.33 |
15 | NEW | 3 | £ 280,000.00 | £ 280,000.00 | £ 295,000.00 | £ 285,000.00 | £ 213,750.00 | £ 71,250.00 | £ 216,000.00 | £ 69,000.00 |
16 | REFURB | 3 | £ 270,000.00 | £ 280,000.00 | £ 285,000.00 | £ 278,333.33 | £ 208,750.00 | £ 69,583.33 | £ 200,250.00 | £ 78,083.33 |
17 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
18 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
19 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
20 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 200,250.00 | £ 76,416.67 |
21 | REFURB | 3 | £ 270,000.00 | £ 280,000.00 | £ 285,000.00 | £ 278,333.33 | £ 208,750.00 | £ 69,583.33 | £ 202,500.00 | £ 75,833.33 |
22 | NEW | 2 | £ 270,000.00 | £ 270,000.00 | £ 265,000.00 | £ 268,333.33 | £ 201,250.00 | £ 67,083.33 | £ 200,000.00 | £ 68,333.33 |
23 | NEW | 2 | £ 270,000.00 | £ 270,000.00 | £ 265,000.00 | £ 268,333.33 | £ 201,250.00 | £ 67,083.33 | £ 200,000.00 | £ 68,333.33 |
24 | NEW | 2 | £ 275,000.00 | £ 275,000.00 | £ 265,000.00 | £ 271,666.67 | £ 203,750.00 | £ 67,916.67 | £ 205,000.00 | £ 66,666.67 |
25 | Disabled Unit NEW | 3 | £ 310,000.00 | £ 325,000.00 | £ 315,000.00 | £ 316,666.67 | £ 237,500.00 | £ 79,166.67 | NOT FOR SALE | £ - |
26 | NEW | 3 | £ 290,000.00 | £ 290,000.00 | £ 295,000.00 | £ 291,666.67 | £ 218,750.00 | £ 72,916.67 | No agreement | £ 291,666.67 |
27 | NEW | 3 | £ 290,000.00 | £ 290,000.00 | £ 295,000.00 | £ 291,666.67 | £ 218,750.00 | £ 72,916.67 | No agreement | £ 291,666.67 |
28 | NEW | 3 | £ 290,000.00 | £ 290,000.00 | £ 295,000.00 | £ 291,666.67 | £ 218,750.00 | £ 72,916.67 | No agreement | £ 291,666.67 |
29 | NEW | 3 | £ 290,000.00 | £ 290,000.00 | £ 295,000.00 | £ 291,666.67 | £ 218,750.00 | £ 72,916.67 | No agreement | £ 291,666.67 |
30 | NEW | 3 | £ 290,000.00 | £ 290,000.00 | £ 295,000.00 | £ 291,666.67 | £ 218,750.00 | £ 72,916.67 | No agreement | £ 291,666.67 |
31 | NEW | 4 | £ 300,000.00 | £ 310,000.00 | £ 315,000.00 | £ 308,333.33 | £ 231,250.00 | £ 77,083.33 | No agreement | £ 308,333.33 |
32 | REFURB | 3 | £ 270,000.00 | £ 280,000.00 | £ 285,000.00 | £ 278,333.33 | £ 208,750.00 | £ 69,583.33 | £ 198,000.00 | £ 80,333.33 |
33 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 198,000.00 | £ 78,666.67 |
34 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 198,000.00 | £ 78,666.67 |
35 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 198,000.00 | £ 78,666.67 |
36 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 198,000.00 | £ 78,666.67 |
37 | REFURB | 3 | £ 270,000.00 | £ 275,000.00 | £ 285,000.00 | £ 276,666.67 | £ 207,500.00 | £ 69,166.67 | £ 198,000.00 | £ 78,666.67 |
38 | REFURB | 3 | £ 275,000.00 | £ 280,000.00 | £ 285,000.00 | £ 280,000.00 | £ 210,000.00 | £ 70,000.00 | £ 215,000.00 | £ 65,000.00 |
39 | NEW | 3 | £ 280,000.00 | £ 280,000.00 | £ 285,000.00 | £ 281,666.67 | £ 211,250.00 | £ 70,416.67 | £ 216,000.00 | £ 65,666.67 |
40 | NEW | 3 | £ 280,000.00 | £ 275,000.00 | £ 285,000.00 | £ 280,000.00 | £ 210,000.00 | £ 70,000.00 | £ 211,500.00 | £ 68,500.00 |
41 | NEW | 3 | £ 280,000.00 | £ 275,000.00 | £ 285,000.00 | £ 280,000.00 | £ 210,000.00 | £ 70,000.00 | £ 211,500.00 | £ 68,500.00 |
42 | NEW | 3 | £ 280,000.00 | £ 275,000.00 | £ 285,000.00 | £ 280,000.00 | £ 210,000.00 | £ 70,000.00 | £ 211,500.00 | £ 68,500.00 |
43 | NEW | 3 | £ 280,000.00 | £ 280,000.00 | £ 285,000.00 | £ 281,666.67 | £ 211,250.00 | £ 70,416.67 | £ 211,500.00 | £ 70,166.67 |
44 | NEW | 4 | £ 300,000.00 | £ 310,000.00 | £ 315,000.00 | £ 308,333.33 | £ 231,250.00 | £ 77,083.33 | No agreement | £ 308,333.33 |
45 | NEW | 3 | £ 280,000.00 | £ 290,000.00 | £ 300,000.00 | £ 290,000.00 | £ 217,500.00 | £ 72,500.00 | No agreement | £ 290,000.00 |
46 | NEW | 3 | £ 280,000.00 | £ 295,000.00 | £ 300,000.00 | £ 291,666.67 | £ 218,750.00 | £ 72,916.67 | No agreement | £ 291,666.67 |
47 | REFURB | 4 | £ 320,000.00 | £ 295,000.00 | £ 300,000.00 | £ 305,000.00 | £ 228,750.00 | £ 76,250.00 | £ 220,000.00 | £ 85,000.00 |
48 | REFURB | 4 | £ 315,000.00 | £ 290,000.00 | £ 300,000.00 | £ 301,666.67 | £ 226,250.00 | £ 75,416.67 | £ 220,000.00 | £ 81,666.67 |
49 | REFURB | 4 | £ 330,000.00 | £ 295,000.00 | £ 300,000.00 | £ 308,333.33 | £ 231,250.00 | £ 77,083.33 | No agreement | £ 308,333.33 |
| | | | | | | | | | |
TOTALS | | | £13,250,000.00 | £13,360,000.00 | £13,610,000.00 | £13,406,666.67 | £10,055,000.00 | £3,351,666.67 | £ 6,953,750.00 | £5,727,916.67 |
Sale of Houses at Les Cloches. (MD-H-2007-0078)
Introduction A decision made (30/10/2007) regarding: Sale of Houses at Les Cloches.
Decision
Decision Reference: MD-H-2007-0078 |
Decision Summary Title : | DS – Sale of Houses at Les Cloches | Date of Decision Summary: | 29th October 2007 |
Decision Summary Author: | Stuart Hutton – Capital Projects Officer | Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet) | Public |
Type of Report: Oral or Written? | Oral | Person Giving Oral Report: | Carl Mavity |
Written Report Title : | | Date of Written Report: | 29 October 2007 |
Written Report Author: | | Written Report : Public or Exempt? (State clauses from Code of Practice booklet) | Public |
Subject: To agree the sale of houses listed in appendix A |
Decision(s): The Minister, - approved the sale of houses listed in appendix A to the persons listed for the sums as shown in appendix A
- requested that the Treasury & Resources Minister similarly agree and seek the assistance of the Greffier and Attorney General in signing the necessary contract.
- directed that the resultant funds be credited to HYC029.120410
|
Reason(s) for Decision: To ensure that the sales are carried out in accordance with Standing Order 168 following the States approval of P6.2007. |
Resource Implications: Financial: £5,757,250.00 receipt as agreed on States approval of P6.2007 with a deferred receipt of £1,439,312.50 to be credited to HYC029.120410 |
Action required: Director of Estate Services to arrange for Treasury and Resources Minister approval and oversee the passing of the contract and receipt of funds |
Signature: | Position: Minister |
Date Signed: | Date of Decision (If different from Date Signed): |
| | | | |
Report
Name | Property Allocated | Price | Deferred Payment 25% |
Mr Paul Richard & Mrs Anne Tucker (nee Shales) (His Wife Jointly) | Plot 4 Les Cloches | £200,250 | £50,062.50 |
Miss Deborah Ann Blampied | Plot 5 Les Cloches | £200,250 | £50,062.50 |
Mrs Nadine Frame | Plot 6 Les Cloches | £200,250 | £50,062.50 |
Mr Roger Cleo Harper & Mrs Karen Elizabeth Harper (nee Knight) (His Wife Jointly) | Plot 7 Les Cloches | £200,250 | £50,062.50 |
Mr Louie Ashley Bowen & Mrs Diane Angela Bowen (nee Le Hucquet) (His Wife Jointly) | Plot 9 Les Cloches | £200,250 | £50,062.50 |
Mr David Richard McMurray & Mrs Lisa Ann McMurray (nee Blake) (His Wife Jointly) | Plot 10 Les Cloches | £202,500 | £50,625 |
Mr Gordon Joseph Dixon & Mrs Linda Dixon (nee Cassidy) (His Wife Jointly) | 16 Les Cloches | £200,250 | £50,062.50 |
Mr Martin David Skuce & Mrs Wendy Brigid Skuce (nee Richardson) (His Wife Jointly) | 15 Les Cloches | £216,000 | £54,000 |
Mr Barry Roy Gaughran & Mrs Alison Patricia Gaughran (nee Cox) (His Wife Jointly) | 17 Les Cloches | £200,250 | £50,062.50 |
Mr Steeve Batista & Lisa Caren Batista (nee Sangan) (His Wife Jointly) | 18 Les Cloches | £200,250. | £50,062.50 |
Mr Alberto De Aveiro & Mrs Danielle Claire De Aveiro (nee Hochet) (His Wife Jointly) | 19 Les Cloches | £200,250 | £50,062.50 |
Mr Paul Anthony Quemard & Mrs Kerry Lisa Quemard (nee Huchet) (His Wife Jointly) | 21 Les Cloches | £202,500 | £50,625 |
Mr Marco De Sousa & Mrs Iolanda De Sousa (nee De Freitas) (His Wife Jointly) | 24 Les Cloches | £205,000 | £51,250 |
Ms Jeanette Harris | 22 Les Cloches | £200,000 | £50,000 |
Mr Wayne Brian Webber & Mrs Deborah Mary Webber (nee O’Sullivan) (His Wife Jointly) | 32 Les Cloches | £198,000 | £49,500 |
Mr Victor Walterson Smith & Mrs Maria Yvonne Smith (nee Moore) | 33 Les Cloches | £198,000 | £49,500 |
Miss Tracy Hannaford | 34 Les Cloches | £198,000 | £49,500 |
Mr Colin Le Clercq | 36 Les Cloches | £198,000 | £49,500 |
Mr Tristan Guy Pope & Mrs Nicole Louise Pope (nee Robinson) (His Wife Jointly) | 38 Les Cloches | £215,000 | £53,750 |
Mrs Annie Enault | 14 Les Cloches | £200,000 | £50,000 |
Mr Jose Manuel De Freitas & Mrs Mhairi Christine Margaret De Freitas (nee Stuart) (His Wife Jointly) | 43 Les Cloches | £211,500 | £52,875 |
Miss Louise Dorothy Robins & Mr Andrew Mark Le Fustec | 42 Les Cloches | £211,500 | £52,875 |
Mr Carl Ian Coates & Mrs Susan Margaret Coates (nee Stubbs) (His Wife Jointly) | 41 Les Cloches | £211,500 | £52,875 |
Mr Paul Le Lievre & Mrs Catrina Le Lievre (nee Minter) (His Wife Jointly) | 40 Les Cloches | £211,500 | £52,875 |
Mr Ian Ronald Martin & Mrs Lynette Anne Martin (nee Jeune) (His Wife Jointly) | 39 Les Cloches | £216,000 | £54,000 |
Mr James Milroy & Mrs Susan Elizabeth Milroy (nee Prout) (His Wife Jointly) | 47 Les Cloches | £220,000 | £55,000 |
Mr Jose Martinho Pacheco & Mrs Maria Dolores Pacheco (nee De Freitas) (His Wife Jointly) | 48 Les Cloches | £220,000 | £55,000 |
Mr Anthony Volante & Mrs Bernadette Volante (nee Stoneman) (His Wife Jointly) | 49 Les Cloches | £220,000 | £55,000 |
| Totals | £5,757,250.00 | £1,439,312.50 |
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