PLOTS A & B AT PLATT WORKS PLATT INDUSTRIAL ESTATE, MAIDSTONE ROAD, PLATT, PLATT, TN15 8JL
Storage Land and premises Decided 4 October 2023 CHG100731869 Ryan
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 (Plot B at Platt Works, Platt Industrial Estate, Maidstone Road, Sevenoaks TN15 8JL). 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 |
|---|---|---|---|---|
| Plot A at Platt Works, Platt Industrial Estate, Maidstone Road, Sevenoaks TN15 8JL | £65,000 | £37,250 | £57,000 | Allowed in part |
| Plot B at Platt Works, Platt Industrial Estate, Maidstone Road, Sevenoaks TN15 8JLThis appeal | £45,500 | — | — | Dismissed |
What was argued and what the tribunal found
The appellant challenged two assessments for storage land at Platt Works: appeal 1 against the VO's revised RV of £65,000–£67,000 (from 19 December 2017) at £17.91 per m², and appeal 2 against the original RV of £45,500 (up to 18 December 2017) at £10 per m². The tribunal found the VO's scheme change was undermined by the VO's admission that some comparable assessments in the old scheme were incorrectly valued but had not been corrected, rendering them unreliable for comparables. The tribunal accepted the 2013 rent (new letting, close to AVD) analysing to £13.65 per m², but gave little weight to the 2018 rent as too distant from AVD. Two rental comparables from 2014–2015 (closer to AVD) analysed at £23.78 and £19.95 per m², demonstrating rental growth. The tribunal adopted £15 per m² to reflect the increase in rental values from 2013 to 2015, resulting in an RV of £57,000 from 19 December 2017. Appeal 1 was allowed in part; appeal 2 was dismissed because the revised RV was higher than the period-1 RV of £45,500.
Summary generated from the decision text and checked against it. The appellant was Stanmore Quality Surfacing Ltd, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence · decisive
- Evidence
- Rents, tone_of_list_comparables, Earlier tribunal decisions
- Cases cited
- Lotus and Delta v Culverwell; Virk (VO) and Moor Lane Self Storage Ltd; Ladies Hosiery v West Middlesex Assessment Committee; Simpsons Malt Ltd and Other v Jones (VO); Denton v TH White Ltd; Gardiner & Theobald LLP v David Jackson (VO)
- Hearing
- 11 September 2023
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