Model Railway Collection
Items
47
Across 6 manufacturers
Collection value
£4,200
As a complete set · valued 14 Jun 2026
Boxed
38 of 47
81% in original packaging
Family interest
3 people
Paul (Southern), Andrew (diesels), Sarah
What the collection is worth INHERIT collection valuation
£4,200
Medium–high confidence
Source: OpenInherit AI · based on 47 items + recent whole-collection sales · valued 14 June 2026
Sum of the 47 items, valued one by one£3,850
Set premium + £350 · +9%+ £350
Value as a complete collection£4,200
A collection can be worth more — or less — than its parts.
This one carries a small set premium: kept together, the Southern Railway run and the
matched diesel rake appeal to collectors who want the whole story, so a specialist buyer pays a little
over the item-by-item total. The opposite happens too — a part-set, or a collection broken up to
settle shares, often sells at a discount because the rare pieces lose their context.
We show both numbers so the choice below is an honest one.
How this collection is left INHERIT rules
A collection is one of the few items where keeping it together, or sharing it out, changes both the value and the family meaning. This is your decision — you can change it at any time.
Your choice
🏫 Keep it together — to Paul
The whole collection passes as one gift to your nephew Paul Richards, who has collected Southern Railway models for years.
Trade-off: keeps the £350 set premium and the story intact; the other beneficiaries are balanced with cash or other items elsewhere in the will.
★ Split between family
Paul takes the Southern locos, Andrew the diesels, Sarah two chosen pieces; the rest is sold.
Trade-off: everyone gets a piece they care about, but breaking the set usually loses the premium — expect closer to the £3,850 item total, or less.
If the collection is sold
Specialist dealers appraise and buy the whole lot, which is usually the way to realise the set premium. Selling piece by piece can total more, but takes considerably longer and is more work for the executor.
Items in this collection 47 items
All 47
Hornby 23
Bachmann 12
Dapol 5
Other 7
| Item | Value | Condition | Left to |
|---|---|---|---|
| Hornby · 23 items · ~£1,950 | |||
 R3456 Class N15 "Sir Hervis de Revel" BR Lined Green, early emblem 📄 Receipt & box on file |
£9587% |
Boxed | ✓ Paul |
 R380 Class Schools "Stowe" SR Malachite Green 📄 Box & instructions on file |
£12584% |
Boxed | ✓ Paul |
 R3988 Class 9F "Evening Star" BR Lined Green 📄 Box on file |
£14590% |
Boxed | ✓ Paul |
 R3887 Class 66 "Maritime Intermodal Two" DB Cargo Maritime livery |
£8591% |
Boxed · DCC fitted | ✓ Paul |
| Show 19 more Hornby items ↓ | |||
| Bachmann · 12 items · ~£1,020 | |||
 32-700 Class 46 D163 "Leicestershire & Derbyshire Yeomanry" BR Green, small yellow panels 📄 Box on file |
£9586% |
Boxed | ✓ Paul |
 32-787 Class 37/0 D6714 BR Green, no yellow ends 📄 Box & DCC sound card on file |
£8883% |
Boxed · DCC sound | ✓ Paul |
| Show 10 more Bachmann items ↓ | |||
| Dapol · 5 items · ~£380 | |||
 4D-022-004 Class 68 68014 Chiltern Railways 📄 Box on file |
£9588% |
Boxed | ✓ Paul |
 4D-022-020 Class 68 "Vigilant" DRS compass blue |
£8285% |
Box damaged | ✓ Paul |
| Show 3 more Dapol items ↓ | |||
| Other makers · 7 items · ~£850 | |||
 Heljan 3400 Class 33/0 33012 BR Blue, weathered 📄 Box on file |
£14082% |
Boxed | ✓ Paul |
 Oxford Rail OR76J27001 J27 1010 LNER Black |
£6879% |
Unboxed | ✓ Paul |
| Show 5 more items ↓ | |||
How the collection was built INHERIT record
A clear story of how a collection came together protects its value and makes the executor's job simple.
-
1985 onward · Built upCollected over 40 yearsBegan with Southern Railway steam, added BR diesels from the 2000s. Most bought new from Rails of Sheffield and Hattons; receipts kept for the larger pieces.📄 23 receipts on file
-
2019 · CataloguedListed and photographed for the estateEach item photographed against its box, condition noted, location recorded as Loft · Shelves 1–5.
-
June 2026 · ValuedValued as a complete collection£4,200 as a set (£3,850 item-by-item + £350 set premium). Documented here for the will and for the executor.
As INHERIT data open standard
A collection is structured, portable data — not locked into MFI. This is what powers the page.
| Feature | INHERIT source | What it does here |
|---|---|---|
| Collection grouping | asset.collection.members[] | Groups 47 items into one set, by maker |
| Set valuation | valuation.collection.setPremium | Holds both the item total and the set premium/discount |
| Disposal choice | bequest.collection.keepTogether | Records "keep together" vs "split", and who to |
| IHT estate value | tax.iht.estateContribution (E&W) | Adds the £4,200 set value to the estate total |
| "Sets" rule | tax.iht.associatedItemsSet | Flags that HMRC may value the items as a set |
Valuation is an estimate based on item values and comparable whole-collection sales, and is not a formal insurance or probate valuation. The set premium reflects what a specialist buyer is likely to pay for the complete collection — a broken-up set may sell for less. Tax figures are a guide computed against the INHERIT E&W Tax module and shown for planning only — they are not tax advice. We will never charge your card automatically.