Tribunals · Three Rivers District Council · 2023 rating list

GND FLR BUILDING 7, CROXLEY GREEN BUSINESS PARK, HATTERS LANE, HATTERS LANE, WD18 8PA

Offices and premises Decided 14 February 2025 CHG101199362 Altus Group - Oakland - Manchester

OutcomeMixed

Original RV£630,000£270/m²

Ratepayer sought£540,000

VO conceded first£585,000−7% before the hearing

Tribunal decided£585,000£270/m²

Figures are as stated in the decision; a dash means the document does not state that figure. This decision covers 4 properties; the figures shown are for the first listed.

What was argued and what the tribunal found

The appellant argued that the VO's valuation of office properties on Croxley Green Business Park was too high, particularly given the impact of Covid-19 on the office sector and home-working trends. The appellant cited rental evidence from broader locations and settled appeals, proposing lower unit rates per square metre. The tribunal partially allowed three of the four appeals, dismissing only the first property appeal where it found the VO's £270/m2 rate was supported by comparable rental evidence from Building 5 Croxley Green Business Park, and allowing the others at reduced rates of £285/m2, £300/m2 and £300/m2 respectively.

Summary generated from the decision text and checked against it. The appellant was De Lage Landen Leasing Limited, represented.