Tribunals · Royal Borough of Kensington and Chelsea · 2017 rating list

32-38 Lexham Gardens, W8 5JE

Self-catering holiday unit and premises Decided 28 April 2022 CHG100151518 JMA Chartered Surveyors

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£950,000

Ratepayer sought£166,800

VO conceded first£855,000−10% before the hearing

Tribunal decided£855,000from 1 Apr 2017

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 sought a significant reduction in the RV based on an alternative valuation of £166,800 (from £950,000), arguing for £3,500-£10,000 per bed space and comparing to Knaresborough Place. The tribunal found the rental evidence on the subject property and FMT analysis were the starting points under Lotus and Delta authority. The appellant's comparable property analysis was not sufficiently reliable. The tribunal allowed the appeal in part by adopting a 5% end allowance for poor interconnection between the two former dwellings (reducing from £900,000 to £855,000 for 1 April 2017), which the VO had conceded. The MCC appeal was dismissed as the £550,000 RV for the remaining space was not unreasonable.

Summary generated from the decision text and checked against it. The appellant was Lexham Properties Ltd, represented.