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How we value: oil refineries

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An oil refinery.

Rob Hughes is National Valuation Head for industrial properties and chair of the VOA’s Valuation Panel for industrial properties, helping to ensure fairness and consistency of rating assessments. In this instalment of our How We Value series, Rob runs through the process for valuing oil refineries.

How we value: independent gas transporters and independent network operators

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A woman, wearing a yellow high-vis jacket and a blue hardhat, squats inside a hole dug in the ground holding equipment.

Jamie Gilbert is part of a small, dedicated team within the VOA’s National Valuation Unit, which is responsible for the valuation of the somewhat specialist class of properties including power generation and utilities. He specialises in smaller scale “independent” networks as opposed to larger distribution networks set up by traditional big electric companies. In this latest How We Value blog, Jamie explains the work that goes into coming up with a valuation for such a property.

How we value: hotels

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A Mandarin Oriental hotel entrance.

Anthony Robinson and Sean Lloyd are part of the National Valuation Unit at the Valuation Office Agency (VOA), where they are responsible for determining how we value hotels for business rates across England and Wales. Here they tell us more about the development of the valuation system for hotels and how it works in practice.

How we value: ports

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A bird's eye view of a shipping port.

Jackie Jones and Robin Coulson are part of the National Valuation Unit at the Valuation Office Agency (VOA) where they are responsible for the assessment of ports and related occupations for business rates across England and Wales. Between them they have some 68 years of rating experience in the VOA. Here, they explain the process of valuing ports across England and Wales.