2 PARKSIDE, AVENUE 2, STATION LANE, OX28 4YG
Warehouse and premises Decided 31 July 2025 CHG101121764 Ryan Property Tax Services UK Limited/Altus Group - Oakland - Manchester
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 argued that the valuation of £41,250 (at £80/m2) was not reasonable and sought reduction to £31,000 (£60/m2). The tribunal found the open market letting on the subject property effective at the AVD was strong evidence, supporting £60/m2, and was more persuasive than the Valuation Officer's reliance on comparable lease renewals. The appeal was allowed and the RV reduced to £31,000.
Summary generated from the decision text and checked against it. The appellant was Freebrights Limited, represented.
Grounds argued
- Comparable assessments (tone)
- Rental evidence · decisive
- Valuation method
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell
- Hearing
- 11 July 2025
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