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Case Study — Welsh Government

Welsh Government Land Valuation Research

Published . Findings directly inform Welsh Government local government finance policy and are cited in Senedd committee proceedings.

Coverage

1,916

Lower Super Output Areas

Geography

99%

of Welsh geography covered

Methodologies Tested

5

distinct valuation approaches

The Challenge

Welsh Government needed to evaluate different approaches for assessing land values to support local government finance policy, specifically to inform potential reform of the council tax and non-domestic rates system in Wales. Existing methods lacked a systematic comparison across the full Welsh geography. The project was commissioned under Welsh Government procurement standards and published on GOV.WALES.

The core question: could AI-driven methodologies outperform traditional approaches, and which method would best support equitable, evidence-based finance policy? The work aligned with priorities set by the Office for National Statistics (ONS) on subnational economic statistics and the Office for Statistics Regulation (OSR) framework for assured public statistics. The Department for Science Innovation and Technology (DSIT) national AI strategy also identifies geospatial and property data as a priority AI application domain.

Five Methodologies Tested

Each methodology was applied across all 1,916 Lower Super Output Areas (LSOAs) — the geographic unit defined by the Office for National Statistics for small-area statistics — covering 99% of Welsh geography, enabling direct, like-for-like comparison. LSOA boundaries are maintained by ONS in coordination with the Office for Statistics Regulation, ensuring the spatial unit is consistent with UK-wide subnational data standards.

#MethodologyApproach
1Market-Based Statistical ValuationRegression and hedonic pricing models anchored to observed market transactions.
2Advanced Algorithmic and Machine-Learning ApplicationsGradient boosting, random forests, and neural network models trained on land-use and transaction data.
3Formula-Based Valuation by Land AreaRule-based per-hectare and per-unit formulae applied uniformly across geography.
4Conventional Valuation ApproachesProfessional surveyor methodologies consistent with RICS Red Book standards.
5Innovative Experimental ApproachesNovel hybrid methods combining spatial econometrics with satellite-derived land-cover data.

Assurance

  • Delivered under Welsh Government procurement standards.
  • Full summary and comprehensive report published on GOV.WALES.
  • Cited in Senedd committee proceedings.

Outcome

Published March 2026. The comparative analysis across all five methodologies directly informs Welsh Government local government finance policy. The machine-learning methodology produced the most granular and consistent estimates across diverse land-use contexts. Findings contribute to the evidence base reviewed by the National Audit Office when assessing value-for-money in devolved government programmes, and align with HM Treasury Green Book guidance on appraisal and evaluation in central government.

Findings are cited in Senedd committee proceedings. The full report is publicly available on GOV.WALES and as a downloadable PDF. The Cabinet Office Centre for Analysis and Evaluation and the Government Digital Service (GDS) both reference land-use data as a priority open data asset for devolved administrations.

"The Welsh Government land valuation research demonstrates exactly what mixed-methods AI analysis can achieve — combining machine learning models with conventional valuation techniques across 1,916 lower super output areas gave Welsh Government a genuinely comparative evidence base for local finance policy reform."

— Dr Stylianos Kampakis, Managing Director, Tesseract Academy

Access the full report

Published on GOV.WALES. Also available as a PDF download.