THE WORKS, WYCOMBE ROAD, STOKENCHURCH, STOKENCHURCH, HP14 3RR
Factory and premises Decided 4 November 2025 CHG101147943 Ryan Property Tax Services UK Limited
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 sought a reduction in rateable value from £131,000 (£72.94/m²) to £94,500 based on claims that the tone of the valuation was too high. The tribunal preferred rental evidence from BUFAB UK Ltd (£82.79/m²), a new open market letting close to the antecedent valuation date, over the appellant's comparables, finding it conformed most closely to the statutory definition of rateable value. As the appeal property's valuation was significantly lower than the BUFAB transaction, the tribunal found the existing RV was not unreasonable and dismissed the appeal.
Summary generated from the decision text and checked against it. The appellant was Physical Company Limited, represented.
Grounds argued
- Rental evidence · decisive
- Comparable assessments (tone)
- Evidence
- Rents
- Hearing
- 7 October 2025
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