Tribunals · Milton Keynes City Council · 2023 rating list

53, POTTERS LANE, KILN FARM, MK11 3HQ

Warehouse and premises Decided 3 June 2025 CHG101236619 Altus Group - Oakland - Manchester/Ryan Property Tax Services UK Limited

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV£43,500£65/m²

Ratepayer sought£36,750

VO conceded first—

Tribunal decided£43,500£65/m²

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 the rateable value should be reduced from £43,500 to £36,750 RV, contending that a tone of value of £55/m² was appropriate rather than the VO's £65/m². The tribunal, applying Lotus and Delta principles and analysing comparable rental evidence including the subject property's own rent of £68.81/m² and comparable properties at 1 Potters Lane renting at £65/m², found that the main space price of £65/m² and resultant RV of £43,500 was reasonable and in line with market evidence, dismissing the appeal.

Summary generated from the decision text and checked against it. The appellant was INSURANCE CLAIMS ACCOMMODATION BUREAU LIMITED, represented.