Remote areas and coastline have a very low land value, which is affected by the local facilities and geology much more than other factors. House price != land

Remote areas and coastline have a very low land value, which is affected by the local facilities and geology much more than other factors. House price != land value, but the two are related: Land value = House price - rebuild value. So, if the price of your house is roughly what it would cost to rebuild it from scratch, your land value is nearly zero, and so is the tax. In some places, the house price is actually lower than the rebuild cost; negative land value. (This applies to extremely remote and difficult to access locations). In central London, for example, the house prices are far more than the cost of the buildings; because they are near the rest of London and its facilities the land value is very high.