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Tribunals · North Northamptonshire Council · 2017 rating list

22, Spring Lane, NN8 1EY

Shop and premises Decided 24 June 2024 CHG100858575 JLL

OutcomeAllowedThe tribunal reduced the rateable value.
Original RV · 2017 list—
Ratepayer sought—
VO conceded first—
Tribunal decided£14,250from 28 Jun 2019

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 (22 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.

The properties covered by this tribunal decision, with the figures it states for each
PropertyOriginal RVSoughtTribunal decidedOutcome
8 Market Street, Wellingborough NN8 1AN——£68,000Allowed
46 Cheese Lane, Wellingborough NN8 1EX——£37,250Allowed
43 Spring Lane, Wellingborough NN8 1EY——£21,000Allowed
22 Spring Lane, Wellingborough, NN8 1EYThis appeal——£14,250Allowed
54-55 Cheese Lane, Wellingborough NN8 1EX——£63,000Allowed
21 Spring Lane, Wellingborough NN8 1EY——£4,900Allowed
40 Market Street, Wellingborough NN8 1AA——£66,500Allowed
8-11 Corn Lane, Wellingborough NN8 1EZ——£101,000Allowed in part

What was argued and what the tribunal found

The appellants argued that their properties' rateable values did not reflect the opening of Rushden Lakes Shopping Centre in July 2017 and its subsequent expansion in June 2019, which had diverted footfall and revenue away from Wellingborough town centre. The tribunal, following a previous decision by Mr Levy regarding Kettering and Corby, determined that Wellingborough fell within the same locality as Rushden Lakes and agreed to a 10% reduction in the rateable values, effective 28 June 2019, as the material change of circumstances had been established and the material date was post-extension.

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
Hearing
12 June 2024

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

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.