8th Flr Lacon House, 84 Theobalds Road, WC1X 8RW
Office building Decided 29 October 2024 CHG100466887 Colliers International - Tom Warren
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 reduction of the rateable value from £655,000 (£475/m²) to £640,000 (£465/m²), arguing based on rental evidence analysed from the building and comparisons with similar properties like Warner House at a lower rate. The tribunal considered the rental evidence from within the subject property building, finding that most rents analysed between £470.81-£552.29/m² with only two at or below £465/m², and concluded that the price per m² of £475 was reasonable based on the basket of evidence, particularly the two rents closest to the antecedent valuation date.
Summary generated from the decision text and checked against it. The appellant was Syzygy UK Limited, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents
- Cases cited
- Lotus and Delta v Culverwell (Valuation Officer) and Leicester City Council [1976] RA 141
- Hearing
- 9 October 2024
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
- 3rd Flr, 120 Holborn, EC1N 2TD — Mixed, 1 Jul 2026
- 65 King's Cross Road, WC1X 9LN — Agreed at hearing, 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.