Written Question·Treasury·UIN 54294

Shops: Valuation

Tabled: 22 May 2025

Answered: 5 June 2025

Question

Kevin Hollinrake

To ask the Chancellor of the Exchequer, pursuant to the Answer of 7 May 2025 to Question 48451 on Shops: Valuations, how the Valuation Office Agency determines whether an improved energy efficiency rating results in an enhanced valuation.

Answer

James Murray

For business rates, it is unlikely that an improved Energy Performance Certificate (EPC) alone would result in an increased Rateable Value (RV). However, the extent and type of works that resulted in the improved EPC rating, would be considered when deter...

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