bst-6th Flrs, 63 Lincoln's Inn Fields, WC2A 3LW
Office premises with basement, ground and six upper floors Decided 24 April 2025 CHG101044274 Daniel Watney LLP - Alex Izett
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 sought reduction from £560,000 (£475/m² unadjusted) to £485,000 (£410/m² unadjusted), arguing rental evidence from comparable properties supported the lower rate. The tribunal, weighing rental evidence particularly from 20-23 Lincoln's Inn Fields (£453-466/m² analysed from November 2016), concluded the appropriate unadjusted price per m² was £450, resulting in RV £530,000 with 10% uplift for air conditioning. The tribunal rejected the appellant's comparables as either not truly comparable or given insufficient weight due to location, size, or structural factors.
Summary generated from the decision text and checked against it. The appellant was The Royal College of Radiologists, represented.
Grounds argued
- Rental evidence
- Comparable assessments (tone)
- Evidence
- Rents, Settled assessments
- Cases cited
- Barnard and Barnard v Walker; Gardiner & Theobald LLP v David Jackson
- Hearing
- 27 March 2025
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