43, Spring Lane, NN8 1EY
Shop and premises Decided 24 June 2024 CHG100858494 JLL
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 8 properties together; the figures above are for this appeal's property (43 Spring Lane, Wellingborough NN8 1EY). Every property is listed below.
The 8 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 |
|---|---|---|---|---|
| 8 Market Street, Wellingborough NN8 1AN | — | — | £68,000 | Allowed |
| 46 Cheese Lane, Wellingborough NN8 1EX | — | — | £37,250 | Allowed |
| 43 Spring Lane, Wellingborough NN8 1EYThis appeal | — | — | £21,000 | Allowed |
| 22 Spring Lane, Wellingborough, NN8 1EY | — | — | £14,250 | Allowed |
| 54-55 Cheese Lane, Wellingborough NN8 1EX | — | — | £63,000 | Allowed |
| 21 Spring Lane, Wellingborough NN8 1EY | — | — | £4,900 | Allowed |
| 40 Market Street, Wellingborough NN8 1AA | — | — | £66,500 | Allowed |
| 8-11 Corn Lane, Wellingborough NN8 1EZ | — | — | £101,000 | Allowed in part |
What was argued and what the tribunal found
The appellants argued that the opening of Rushden Lakes Shopping Centre in July 2017 and its expansion in June 2019 drew footfall and revenue away from Wellingborough town centre properties, requiring end allowances to be applied. The tribunal determined that Wellingborough fell within the same locality as Rushden Lakes, following a previous decision on the same issue. The parties had agreed 10% reductions for seven properties and agreed the effective date of 28 June 2019, though Poundland's argument for an earlier date of 28 July 2017 was rejected as the material date was post-expansion. All eight appeals were allowed with 10% reductions.
Summary generated from the decision text and checked against it. The appellant was Barclays Bank Plc, represented.
Grounds argued
- Change of circumstances · decisive
- Change of circumstances
- Rushden Lakes Shopping Centre opening and expansion
- Evidence
- None from the ratepayer
- Hearing
- 12 June 2024
Similar decisions
- National Westminster Bank Plc, 43 High Street, NN10 0QE — Dismissed, 1 Jul 2024
- 22, Spring Lane, NN8 1EY — Allowed, 24 Jun 2024
- 21, Spring Lane, NN8 1EY — Allowed, 24 Jun 2024
- Poundland, 8-11 Corn Lane, NN8 1EZ — Allowed in part, 24 Jun 2024
All decisions in North Northamptonshire Council · Shops 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.