Jacobsen Holdings Ltd v Drexel - [1987] 2 NZLR 52

Property law — Landlocked land — Compensation for granting reasonable access to commercial farm property — Quantum of compensation — High Court had granted right-of-way over neighbouring property and awarded $2000 in compensation — Whether, applying a willing seller-willing buyer test, more than $2000 compensation should be awarded — Property Law Act 1952, s 129B. — Grant of right-of-way was approved by Court of Appeal but assessment of compensation was remitted to High Court for reconsideration (see [1986] 1 NZLR 324)