Unit 7, Kellard House, SG3 6FP
Offices and premises Decided 20 January 2025 CHG101116631 Fisher German LLP - Brian James Rees
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 3 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellant, represented by a surveyor, argued that the subject office properties had been placed in the wrong valuation scheme and that comparable properties, particularly The Woodyard in Knebworth at £95 per m², supported a lower unadjusted rate. The tribunal found that whilst The Woodyard units were too small and differently located to be strongly comparable, the panel assessed comparable evidence from Millrace properties, London Road properties, and the properties' own characteristics. The tribunal determined that an unadjusted rate of £125 per m² reasonably reflected rental value at the AVD, reducing the assessment from the VO's conceded £150 per m², and allowing the appeal in part.
Summary generated from the decision text and checked against it. The appellant was Kellard Estates Ltd, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 18 January 2024
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