STERLING HOUSE, HALLINGBURY ROAD, CM23 5LY
Offices and premises Decided 11 June 2025 CHG101180442 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 for a reduced rateable value of £232,000 based on the tenant's 2021 lease rent of £290,000 pa (adjusted to £232,000 pa effective rent), analysing to £117.94/m2. The Valuation Officer maintained the original assessment at £332,500 (£190/m2) based on rental evidence from comparable properties Tees House and Innovation House. The tribunal found that the subject property was of lesser quality and older than the comparables within the same valuation scheme, and determined an unadjusted rate of £170/m2 was appropriate, resulting in a reduced rateable value of £302,500.
Summary generated from the decision text and checked against it. The appellant was Herts Insurance Consultants Limited, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Rental evidence
- Floor area or measurement
- Evidence
- Rents, Settled assessments, Photographs, Measurement survey
- Cases cited
- Lotus & Delta v Culverwell (VO); Gardiner & Theobald LLP v David Jackson (VO)
- Hearing
- 22 May 2025
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