PT GND FLR NORTH 20, OLD BAILEY, EC4M 7BH
Office and Premises Decided 31 July 2025 CHG101122063 Savills UK Limited
Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 12 properties; the figures shown are for the first listed.
What was argued and what the tribunal found
The appellants challenged the 2017 rating list entries at 20 Old Bailey, London, originally assessed at £525 psm, proposing £475 psm. The tribunal found that comparable evidence from newly built properties (10 Old Bailey at £480 psm and 60 Ludgate Hill at £550 psm), together with rental evidence and photographs, demonstrated that the subject refurbished office building was unreasonably valued. The tribunal determined that an unadjusted base rate of £500 psm was reasonable, accounting for the subject property being superior to 10 Old Bailey but inferior to 60 Ludgate Hill, with limited new façade and reduced natural light at the Fleet Place entrance.
Summary generated from the decision text and checked against it. The appellant was Withers LLP, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Valuation method
- Evidence
- Rents, Settled assessments, Photographs, Expert report
- Cases cited
- Dawn Bunyan (VO) v Acenden Limited [2023] UKUT 17 (LC); Gardiner & Theobald LLP v David Jackson (VO) [2018] UKUT 0253 (LC); Denton v TH White Ltd [2014] EWCA Civ 906
- Hearing
- 1 July 2025
Similar decisions
- 5 TH FLR 1, BARTHOLOMEW LANE, EC2N 2AX — Dismissed, 10 Sept 2026
- Petronas Energy Trading Ltd, Petronas Energy Trading Ltd, EC4M 7AW — Dismissed, 20 Jul 2026
- Equistone Partners Europe Limited, PT 6TH FLR 60 Ludgate Hill, EC4M 7AW — Dismissed, 20 Jul 2026
- Ropes & Gray International Llp, 5th Floor South, EC4M 7AW — Dismissed, 20 Jul 2026
All decisions in City of London Corporation · Offices nationally
Is your own rateable value in line?
A free check compares a property with the assessments around it and says plainly whether there is anything worth pursuing.
Check a propertyThe tribunal’s decision in full
Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.