Tribunals · Basingstoke and Deane Borough Council · 2017 rating list

Holloid Plastics Ltd,, Stephenson Road,, RG21 6XR

Factory and premises Decided 6 April 2021 CHG100106432 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.

Original RV£133,000

Ratepayer sought£107,000

VO conceded first£131,000−2% before the hearing

Tribunal decided£131,000£45/m²

Figures are as stated in the decision; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant challenged the rateable value of a factory at Stephenson Road, Basingstoke, arguing for £107,000 based on the passing rent of £120,000 per annum from an open market lease. The Valuation Officer had reduced the RV from £133,000 to £131,000. The tribunal found that while the actual rent was the starting point for valuation under Lotus and Delta v Culverwell, a basket of comparable evidence including other properties with rents close to the AVD supported an adopted tone of £45/m2, making the RV of £131,000 reasonable. The appellant failed to demonstrate that the listed RV was unreasonable, so the appeal was dismissed.

Summary generated from the decision text and checked against it. The appellant was Total Solutions (Southern) Ltd, represented.

Grounds argued

Comparable assessments (tone) · decisive
Rental evidence

Evidence: Rents, Expert report
Cases cited: Lotus and Delta v Culverwell
Hearing: 8 March 2021

Is your own rateable value in line?

A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.

Check a property

The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk