£100m Claim for Owners of Wentworth Woodhouse Stately Home
- March 23, 2012
- Posted by: sajjad
- Category: Interesting Insurance Claims
The owners of the Grade-1 listed Stately Home Wentworth Woodhouse are set to make a claim for subsidence of £100 million, even though they only paid £1.5 million for the property back in 1999.
The reason for their astronomic claim is that they say the building’s fabric has been destroyed by mining subsidence, which is why they are set to make the £100 million subsidence claim. The property is based near Rotherham and it has got the longest country house facade in Europe. Inside it’s got an astonishing 365 rooms and it covers a gigantic 2.5 acres of land.
The property was under military control during the war and it is now in a ‘sadly dilapidated’ state although it is still surrounded by acres and acres of parkland, in which there’s plenty of room for things to be built; if the owners, three brothers Paul, Marcus and Giles Newbold chose to do something with it.
The brothers are seeking the £100 million compensation from the Coal Authority claiming that mining works that were ongoing from the 19th century until about 30 years have caused ‘extensive subsidence damage’ to the property over the last decade.
The case has now gone to a hearing after it was ruled the Coal Authority’s case wasn’t sufficient enough. It will now go to a hearing where the Newbolds need to prove that the £100m bill for ‘remedial works’ needs to be footed by the Coal Authority.