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I found this to be a most useful summary article related to the legal obligations for Section 123. In our particular case, we are 6 private property owners who have invoked the "Right to reclaim unused land" element of the 2011 Localism Act. In the past our local Council has strongly resisted selling this piece of unused land to the rear of our properties but has now agreed to a negotiated sale to adjoining properties. As of now (Nov 2016), the Council has significantly over-priced the land value compared to an estimate of the open market selling price. I have used point 5 of your article to to remind the Council that it is the outcome of the negotiation and not the valuation process itself that is relevant under Section 123. Therefore a deliberate policy of over-pricing the land will simply cause the negotiated sale process to fail. In our case, if negotiations fail then it is unlikely that this matter would be taken to Court as our preferred options include both a formal complaint to the Local Government Ombudsman service for their opinion and also our on-hold PROD (Public Right to Order Disposal) case with the DCLG. I write this expanded comment in case others find themselves in the same situation of trying to negotiate a land sale with a local authority.