Tribunals · London Borough of Enfield · 2017 rating list

16, LUMINA WAY, EN1 1FS

Warehouse and premises Decided 1 February 2024 CHG100828108 Altus Group - Oakland - Manchester

OutcomeDismissedThe appeal failed, leaving the value at the figure the Valuation Officer had already conceded.
Original RV£139,000£130/m²
Ratepayer sought£121,000
VO conceded first£133,000−4% before the hearing
Tribunal decided£133,000£105/m²

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 challenged the rateable value of a modern industrial warehouse unit, arguing for a reduced assessment of £121,000 based on a tone of £95 per m² by reference to comparable properties and settled assessments on the same scheme. The tribunal found that whilst the subject rent agreed in December 2017 was distant from the antecedent valuation date, the respondent's adjustment methodology was reasonable given the lack of closer rental evidence, and that comparable properties cited by the appellant were either larger, older, in different locations, or less prominent than the subject premises. The tribunal confirmed a tone of £105 per m² as fair and reasonable, dismissing the appeal and maintaining the rateable value at £133,000.

Summary generated from the decision text and checked against it. The appellant was Fayers Plumbing & Building Supplies Ltd, represented.

Grounds argued

  • Comparable assessments (tone) · decisive
  • Rental evidence
  • Valuation method
Evidence
Rents, Settled assessments, Expert report, Photographs
Cases cited
Lotus and Delta v Culverwell; Gardiner & Theobald LLP v Jackson
Hearing
12 January 2024

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