On the day of the arrest, he had approached police for a trespass order against Bastin but was allegedly told he would have to serve it himself.
Goodrick said he issued Bastin with the order because he had "persistently entered on to [his] property when he was absent during the day and also at night-time" and had left gates open and damaged trees.
After apparent firearms threats, Bastin's wife called police and officers surrounded Goodrick's property. It emerged that he had no firearms.
Charges against Goodrick of trespass and threatening to kill were withdrawn after the Bastins declined to pursue the prosecutions.
In February 2000, after a jury trial, Goodrick was convicted and discharged of assault. He successfully appealed against that conviction and two years later was discharged without conviction but ordered to pay $75 in witness expenses.
Goodrick appealed again and the discharge without conviction was dismissed and he was refunded the $75.
That year, the Police Complaints Authority also dismissed a complaint by Goodrick of wrongful arrest.
In the High Court, Judge Cooper said the compensation claim was not under the appropriate legislation and he "might seek a claim in a civil action".
Bastin sold 153 Lochhead Rd in 2004. Neither party could be contacted for comment.
* This story has been updated from the original, which did not include that Goodrick had successfully appealed the discharge without conviction and the witness costs.