8 Lombard Way, OX16 4TJ
Warehouse and premises Decided 18 December 2024 CHG100775820 Colliers International - Matthew Hawkins
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 argued the rateable value should be reduced from £120,000 based on the actual lease agreed in May 2015 at £45.84-£47.32 per m2, and comparable rental evidence. The Tribunal found the subject property's new lease, agreed just after the antecedent valuation date, was the best evidence under Lotus & Delta principles, and accepted the respondent's analysis incorporating the penalty for breaking the lease. The appeal succeeded in part, reducing the RV to £113,000 on an unadjusted base rate of £47 per m2, as the panel considered the original £120,000 assessment unreasonable.
Summary generated from the decision text and checked against it. The appellant was DAR Lighting, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner and Theobald LLP v David Jackson
- Hearing
- 21 October 2024
Similar decisions
- PARK DISPLAY PLC PARK HOUSE, TELFORD ROAD, OX26 4LD — Allowed in part, 6 Mar 2026
- 5, WILDMERE CLOSE, WILDMERE ROAD,, OX16 3TL — Allowed, 19 Dec 2025
- UNIT 7, CANADA CLOSE,, OX16 2RT — Allowed, 19 Dec 2025
- John Nicholls Ltd, Overthorpe Road, OX16 8SY — Dismissed, 4 Dec 2025
All decisions in Cherwell District Council · Industrial and warehouses 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.