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Rating Decisions

Our regular update on Rating cases provides a short summary and full transcript of key rating decisions. These cases are chosen for their impact on rating law and practice.

Recent Developments – Edition #25

This is the latest update of the Rating Wing of the Town Library, an online resource providing a short summary and full transcript of key rating decisions.

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Case Name: Stephen G Hughes (VO) v Exeter City Council [2020] UKUT 0007 (LC) (8 January 2020)


Topic: Valuation – method of valuation of museum premises located in historic building

Full Case: Click Here

Summary: The Royal Albert Memorial Museum and Art Gallery in Exeter is housed in a Grade II listed building, is not operated for profit and is expensive to maintain.  It appeared in the 2010 list at an RV of £510,000 following completion of a major refurbishment project, later reduced to £445,000.  In the absence of valid rental comparables, the contractor’s basis of valuation (adopting a modern substitute) would have given a much higher RV (in the VO’s opinion).  By contrast, use of the receipts and expenditure method would have produced an RV of £1.  After considering relevant case law and applying this to the facts, the Upper Tribunal determined that the receipts and expenditure method was the correct approach and confirmed the VTE’s reduction of the RV to £1 (with effect from 1 April 2015).

CommentaryClick Here


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