2nd Floor, 120 Holborn, EC1N 2TD
Office and premises Decided 1 July 2026 CHG100112253 Cluttons
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 (2ND FLOOR, 120 HOLBORN, LONDON EC1N 2TD). 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 |
|---|---|---|---|---|
| 2ND FLOOR, 120 HOLBORN, LONDON EC1N 2TDThis appeal | £881,500 | £827,500 | £881,500 | Dismissed |
| 3RD FLOOR, 120 HOLBORN, LONDON EC1N 2TD | £820,000 | £770,000 | £820,000 | Allowed in part |
What was argued and what the tribunal found
The appellant challenged the rateable values of two office floors at 120 Holborn, originally proposing £827,500 and £770,000 based on £470/m² tone, arguing that 280 High Holborn established a comparable tone of value. The VO defended £881,500 and £820,000 based on £500/m² and post-AVD rents, as well as settled assessments for other floors. The tribunal dismissed appeal 1 (2nd Floor) finding the £500/m² tone was supported by settled agreements and withdrawn challenges for other floors in the building, but allowed appeal 2 (3rd Floor) in part, reducing it to £820,000 due to a revised floor area measurement of 1,641m².
Summary generated from the decision text and checked against it. The appellant was Trainline Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Futures (London) Ltd v Stratford (VO); Specialeyes Plc v Felgate (VO); Flight Centre (UK) limited v Ricketts (VO); Pointer v Norwich Assessment Committee
- Hearing
- 5 June 2026
Similar decisions
- (INCL 2ND & 3RD FS STH 11) 10, NEW SQUARE, WC2A 3QD — Allowed, 18 Sept 2026
- 3RD FLR EAST 1, BEDFORD AVENUE, WC1B 3AU — Allowed in part, 18 Aug 2026
- BST - 6TH FLS 2-3 Triton Square, NW1 3AN — Allowed in part, 1 Jul 2026
- 3rd Flr, 120 Holborn, EC1N 2TD — Allowed in part, 1 Jul 2026
All decisions in London Borough of Camden · Offices nationally
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 propertyThe tribunal’s decision in full
Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.