Community Ownership in Scotland 2023

Annual publication showing the extent of community ownership in Scotland.


Assets by Purchase Price

The most common price category was £10,001-£100,000: 248 assets

Figure 5: Prices paid for community owned assets range from no cost or a nominal amount to over £1 million

The number of community owned assets recorded in Scotland as of 31 December 2023 by price paid (converted to 2023 prices)

Bar chart of the number of assets by price paid from nominal and non-monetary to over £1 million and where price is unknown

The figure is available in the Figures supporting document.

The non-monetary category consists of a variety of legal processes by which an asset can be transferred without money being exchanged, e.g. a gift or legacy. Prices under £100 are taken to be nominal.

To give a fair comparison over time all purchase prices have been converted to 2023 prices.

Excluding non-monetary transactions and nominal amounts, a total of just under £1.9 million was paid for the 26 assets acquired in 2023.

The price of an asset can range from its market value down to a nominal sum paid or a non-monetary transaction. Most prices have been verified against the Land Register. Of the 116 land based assets not on the Land Register, 64 do not have price information available. For the remaining 52 assets, prices have mostly been found from the original data source or from information provided by community groups themselves.

 

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