UNIT 2 DRAKES FARM, DRAKES DRIVE, LONG CRENDON, LONG CRENDON, HP18 9BA
Warehouse and premises Decided 4 November 2025 CHG101305963 Ryan Property Tax Services UK Limited
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 warehouse should be valued at £55/m² (reflecting "good" quality) rather than £65/m² (reflecting "best" quality). The Tribunal found the appeal property had inferior characteristics to comparable units—notably only one loading door compared to two or three in comparable properties—and was persuaded by the agreed assessment on the neighbouring Units 4 and 4B Drakes Farm at £56.20/m², which were of similar age and construction. The Tribunal allowed the appeal, reducing the RV to £125,000.
Summary generated from the decision text and checked against it. The appellant was APEM COMPONENTS LTD, represented.
Grounds argued
- Comparable assessments (tone) · decisive
- Valuation method
- Evidence
- Settled assessments
- Hearing
- 7 October 2025
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