Units 1 & 2, Olympus Drive, Great Western Way, Great Western Way, DY4 7AU
Workshop and Premises Decided 19 November 2020 CHG100064113 Rabbette
Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure. This judgement decided 2 properties together; the figures above are for this appeal's property (UNITS 1 AND 2 Olympus Drive, Great Western Way, Tipton, West Midlands, DY4 7AU). Every property is listed below.
The 2 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2017 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| UNIT 1 Olympus Drive, Great Western Way, Tipton, West Midlands, DY4 7AU | £123,000 | £88,000 | £98,000 | Allowed in part |
| UNITS 1 AND 2 Olympus Drive, Great Western Way, Tipton, West Midlands, DY4 7AUThis appeal | £172,000 | £102,000 | £124,000 | Allowed in part |
What was argued and what the tribunal found
The appellant contended the property should be valued at £42/m² with 25% contamination allowance and 10% layout allowance, whereas the Valuation Officer submitted £46/m² with 10% contamination allowance and 5% layout allowance. The tribunal found comparable rental evidence within the same locality supported the £46/m² basic rate but agreed the contamination allowance should increase to 20% and layout allowance to 10% based on the severity of contaminated land conditions and separation of the two buildings, resulting in a partial allowance of the appeal.
Summary generated from the decision text and checked against it. The appellant was Olympus Distribution Ltd, represented.
Grounds argued
- Valuation method
- Comparable assessments (tone) · decisive
- Quantum or end allowance
- Evidence
- Rents, Settled assessments, Expert report
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 23 October 2020
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