Tribunals · City of London Corporation · 2017 rating list

4 Paper Buildings, King's Bench Walk, EC4Y 7EX

Office and Premises Decided 17 July 2025 CHG101081721 JMA Chartered Surveyors

OutcomeAllowed in partThe tribunal reduced the rateable value, but by less than the ratepayer sought.

Original RV£38,250£400/m²

Ratepayer sought—

VO conceded first—

Tribunal decided£38,250£380/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 16 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

Appellants challenged rateable values for barristers' chambers in Victorian and Georgian buildings in Temple, arguing for reduced unadjusted base rates of £350 psm (Victorian) and £315 psm (Georgian), versus £400 psm and £380 psm in the list. The tribunal reviewed rental evidence and found the current valuations unreasonable, determining that a 5% and 10% reduction was justified, fixing the new base rates at £380 psm (Victorian) and £360 psm (Georgian). The appeals were allowed in part; the tribunal rejected arguments for fragmentation allowances and dismissed a measurement dispute regarding one property.

Summary generated from the decision text and checked against it. The appellant was One Essex Court Ltd, represented.