Dpd Hub 5, Hinckley Park, LE10 3FF
Distribution warehouse and premises Decided 21 November 2025 CHG101258826 Daniel Watney LLP - P Massie
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 sought to reduce the rateable value from £2,040,000 (£67.50 p/m2) to £1,550,000 (£51 p/m2) based on comparable rental evidence from distribution properties in the locality. The tribunal found the appellant's specific comparable evidence unreliable but was persuaded by settlements of 26 properties in Magna Park, which had all been altered from £67.50 p/m2 to £62.50 p/m2. The tribunal concluded the subject property should be valued at £62.50 p/m2, resulting in an RV of £1,900,000, which was between the original and proposed values.
Summary generated from the decision text and checked against it. The appellant was DPD GROUP UK LTD, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Evidence
- Rents, Settled assessments
- Cases cited
- Lotus and Delta v Culverwell; Gardiner & Theobald LLP v David Jackson
- Hearing
- 7 November 2025
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