Project I Cost and Value

from My first document

by Ardavan Shirzadi

Environment I Analysis

Based on the costmodelling.com, the building’s cost in the UK is as it follows

The lowest cost for a building is: £480/m2

The 25% quartile cost of a building is: £1,840/m2

The median cost of a building is: £2,340/m2

The 75% quartile cost of a building is: £2,900/m2

The 90% percentile cost of a building is: £3,960/m2

The highest cost for a building is: £5,960/m2

50% of buildings are be within the cost range: £1,820/m2 - £2,900/m2

90% of buildings are within the cost range: £480/m2 - £3,960/m2

The total cost of the larger house is £783,000 and the smaller house is £638,000 and based on home.co.uk the average price of detached house in the area of the site is £950,000 ,

Based on RIBA’s sample, the average new home in England is only 92% of the recommended minimum size.(Ref) and RIBA has recommended that: Improving the quality of new homes will be a joint venture for housebuilders, architects, planners, and policy makers, amongst others(Roberts-Hughes, 2011).

The gross internal floor area of designed houses is almost twice the RIBA minimum recommended area. However, this extra area allows families to expand and invite other people to their houses, which improves the community.

(2014). AN ASSESSMENT OF TIMBER AS A SUSTAINABLE BUILDING MATERIAL IN NIGERIA. 1, 39-46.

Gent, R. (2022). The little known historic Cheshire parish that gave its name to Manchester Airport. cheshire live. https://www.cheshire-live.co.uk/news/chester-cheshirenews/little-known-historic-cheshire-parish-24964590