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Tribunals · Reigate and Banstead Borough Council · 2023 rating list

46, HIGH STREET, SM7 2LX

Shop and premises Decided 18 May 2026 CHG101216812 Ryan

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.
Original RV · 2023 list£65,500
Ratepayer sought£59,000
VO conceded first—
Tribunal decided£65,500from 1 Apr 2023

Figures are as stated in the decision, and are values in the 2023 list; a dash means the document does not state that figure. This judgement decided 3 properties together; the figures above are for this appeal's property (46 HIGH STREET, BANSTEAD SM7 2LX). Every property is listed below.

The 3 properties in this decision

One judgement covered all of these appeals. Each property’s figures as the judgement states them (2023 list); this appeal’s property is highlighted.

The properties covered by this tribunal decision, with the figures it states for each
PropertyOriginal RVSoughtTribunal decidedOutcome
30 HIGH STREET, BANSTEAD SM7 2LS£33,000£29,750£33,000Dismissed
46 HIGH STREET, BANSTEAD SM7 2LXThis appeal£65,500£59,000£65,500Dismissed
111 HIGH STREET, BANSTEAD SM7 2NL£23,250£21,000£23,250Dismissed

What was argued and what the tribunal found

The appellants sought reductions to the rateable values of three shop properties on High Street, Banstead, arguing for a zone A rate of £450/m2 instead of the existing £500/m2. The tribunal examined comparable rental evidence from three nearby properties, whose rents analysed to between £494.19/m2 and £526.41/m2. The tribunal preferred the Valuation Officer's analysis of the key comparable at 95 High Street (£514.99/m2) over the appellant's analysis (£483/m2), finding the existing zone A rate of £500/m2 was not unreasonable and consistent with the market evidence and prior assessments.

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

Grounds argued

  • Comparable assessments (tone)
Evidence
Rents, Settled assessments
Cases cited
Lotus & Delta Ltd v Culverwell
Hearing
28 April 2026

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The tribunal’s decision in full

Download the PDF · Find it on valuationtribunal.gov.uk

Decision © Crown copyright, published by the Valuation Tribunal Service under the Open Government Licence v3.0 and reproduced unaltered. This site does not index the names of private individuals that appear in decisions. Information, not advice.