Valuation (Ireland) Act, 1852

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Tenements to be separately valued upon an estimate of the net annual value with reference to the prices of agricultural produce as herein specified.

Such valuation in regard to houses, &c. to be made upon an estimate of the net annual value.

11. In every valuation hereafter to be made, or to be carried on or completed under the provisions of this Act, the Commissioner of Valuation shall cause every tenement or rateable hereditament herein-after specified to be separately valued; and such valuation in regard to the land shall be made upon an estimate of the net annual value thereof with reference to the average prices of the several articles of agricultural produce herein-after specified, all peculiar local circumstances in each case being taken into consideration, and all rates, taxes, and public charges, if any, (except tithe rentcharge,) being paid by the tenant; (that is to say,)

Wheat at the general average price of seven shillings and sixpence per hundredweight of one hundred and twelve pounds:

Oats at the general average price of four shillings and tenpence per hundredweight of one hundred and twelve pounds:

Barley at the general average price of five shillings and sixpence per hundredweight of one hundred and twelve pounds:

Flax at the general average price of forty-nine shillings per hundredweight of one hundred and twelve pounds:

Butter at the general average price of sixty-five shillings and fourpence per hundredweight of one hundred and twelve pounds:

Beef at the general average price of thirty-five shillings and sixpence per hundredweight of one hundred and twelve pounds:

Mutton at the general average price of forty-one shillings per hundredweight of one hundred and twelve pounds:

Pork at the general average price of thirty-two shillings per hundredweight of one hundred and twelve pounds:

And such valuation in regard to houses and buildings shall be made upon an estimate of the net annual value thereof; that is to say, the rent for which, one year with another, the same might in its actual state be reasonably expected to let from year to year, the probable average annual cost of repairs, insurance, and other expences (if any) necessary to maintain the hereditament in its actual state, or rates, taxes, or public charges, if any, (except tithe rentcharge,) being paid by the tenant.