Office, 1-3 Hotspur Way, NE1 7XR
Shop and premises Decided 13 July 2026 CHG101119193 Dunlop Heywood
Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure. This judgement decided 3 properties together; the figures above are for this appeal's property (1-3 HOTSPUR WAY, NEWCASTLE UPON TYNE, NE1 7XR). Every property is listed below.
The 3 properties in this decision
One judgement covered all of these appeals. Each property’s figures as the judgement states them (2023 list); this appeal’s property is highlighted.
| Property | Original RV | Sought | Tribunal decided | Outcome |
|---|---|---|---|---|
| 10 DOUGLAS WAY, NEWCASTLE UPON TYNE, NE1 7XW | £85,000 | £44,000 | £85,000 | Dismissed |
| 1B CHEVY CHASE, NEWCASTLE UPON TYNE, NE1 7XP | £97,000 | £59,000 | £97,000 | Dismissed |
| 1-3 HOTSPUR WAY, NEWCASTLE UPON TYNE, NE1 7XRThis appeal | £155,000 | £99,000 | £155,000 | Dismissed |
What was argued and what the tribunal found
The appellant challenged the Zone A prices for three retail units in Eldon Square Shopping Centre, proposing £700-£850 per m2 based on rental evidence which they argued supported lower valuations than the listed £1,400 per m2. The Valuation Officer had already reduced the price to £950 per m2 before the tribunal hearing. The tribunal considered rental evidence ranging from £714 to £1,280 per m2, giving limited weight to turnover and occupancy-cost deals as they do not conform with the rating hypothesis. The tribunal found the £950 per m2 price reasonable given the subject properties' central location within the shopping centre, consistent with agreed prices for adjacent malls and supported by sufficient rental evidence at or above that level.
Summary generated from the decision text and checked against it. The appellant was INTU ELDON SQUARE LTD, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 16 June 2026
Similar decisions
- Lush, 1B Chevy Chase, NE1 7XP — Dismissed, 13 Jul 2026
- 10 Douglas Way, NE1 7XW — Dismissed, 13 Jul 2026
- 91-97 Northumberland Street, NE1 7AG — Allowed, 22 Apr 2026
- BOOTS THE CHEMIST HOTSPUR WAY, NE1 7XE — Allowed in part, 12 Aug 2025
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