Eagle Lane Farm, Eagle Lane, CB8 9UZ

What was argued and what the tribunal found

The appellant sought to reduce the assessment of a stud farm from £30,750 RV to £14,750 RV, arguing that office accommodation should be valued by reference to comparables at £35 per m² rather than the VO's £120 per m² (reduced to £97.20 per m²). The tribunal found that the VO's methodology—deriving a base tone from the best available rental evidence and applying adjustments for quality and ancillary location—was more reliable than the appellant's approach of using assessed values from other stud farms at £25 per m². The tribunal accepted that the office accommodation, while purpose-built and of significant size, was properly valued by reference to local office rental comparables with appropriate adjustments, not by applying historic tones developed for converted accommodation.

Summary generated from the decision text and checked against it. The appellant was Juddmonte Farms Ltd, represented.

Grounds argued

• Comparable assessments (tone) · decisive
• Valuation method

Evidence

Rents, Settled assessments, Photographs

Cases cited

Lotus & Delta Ltd v Culverwell; Kodak Ltd v Triptree; AKD Engineering v Valuation Officer; Godolphin Management Company v VO; The Company Shoe Group v VO; Robert Dyas Holdings Ltd v Moore

Hearing

24 June 2026