Tribunals · Wales · Ceredigion · 2017 rating list

1, Chalybeate Street, Aberystwyth, SY23 1HS

Retail space on ground floor with storage in basement, office accommodation on first floor and further storage on second floor Decided 8 June 2022 682030569569/541NV17/4 Valuation Tribunal for Wales

OutcomeDismissedThe appeal failed and the rateable value was left unchanged.

Original RV · 2017 list£15,000

Ratepayer sought£11,500

VO conceded first—

Tribunal decided£15,000£425/m²

Figures are as stated in the decision, and are values in the 2017 list; a dash means the document does not state that figure.

What was argued and what the tribunal found

The appellant argued that the property's rateable value of £15,000 had increased by 5% while other properties in Aberystwyth town centre had seen average reductions of 22%, and sought a reduction in the underlying value from £425/m² to £250/m². The Valuation Officer relied on rental evidence from comparable properties on Chalybeate Street, all valued at £425/m², and evidence that a new letting nearby supported this tone. The tribunal found the appellant had not provided evidence of sufficient quality to disprove the Valuation Officer's valuation, accepted that £425/m² was in line with nearby units, and dismissed the appeal.

Summary generated from the decision text and checked against it. The appellant was an individual ratepayer, unrepresented.