Phillips Racing Limited, Addlestrop Stables, Lower Farm, Adlestrop, Lower Farm, Adlestrop, GL56 0YN

What was argued and what the tribunal found

The appellant argued that the box price should be reduced from £600 to £550 per box and that timber boxes allowance should increase from 5% to 10%, seeking a RV of £23,000. The tribunal found that limited weight could be attached to the subject rent as it was established five years before the AVD and required significant adjustment. Instead, the tribunal adopted an established tone of the list based on comparable assessments in the locality, particularly near Cheltenham racecourse which is identified as the centre of National Hunt Racing. The tribunal determined that £600 per box was reasonable and that no compelling evidence supported increasing the timber boxes allowance to 10%. The appeal was dismissed with the RV confirmed at £25,500.

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

Grounds argued

• Rental evidence
• Comparable assessments (tone)
• Quantum or end allowance

Evidence

Rents, Settled assessments, Earlier tribunal decisions

Cases cited

Lotus and Delta v Culverwell; Simon Earle Racing Ltd and Dal Virk; Joanne Moore v Caroline Bailey; P J Hobbs v Alison Gidman; Emma Owen v Dawn Bunyan

Hearing

16 April 2026