The Aporia · Addison Lee boss loses almost £10million selling Regents Park mansion

Addison Lee boss loses almost £10million selling Regents Park mansion

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Place, T. (2026, October 15). Addison Lee boss loses almost £10million selling Regents Park mansion. Evening Standard. https://www.standard.co.uk/news/london/addison-lee-regents-park-mansion-sale-property-london-b1301046.html

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John Griffin, founder of London taxi company Addison Lee, sold his Regent’s Park mansion on Hanover Terrace in early October 2026 for £11.5 million, marking a loss of approximately £9.2 million compared to the £20.7 million he paid for it in 2013. The six-bedroom house, designed by architect John Nash as part of a Regency-era terrace, saw its price drop from an initial asking price of £32 million in 2021 to £13.5 million before finally selling at the reduced price. Griffin, who sold Addison Lee to the Carlyle Group for about £300 million in 2013, has been embroiled in a long-standing dispute with UK tax authorities over his tax residency status, arguing he should have qualified as non-domiciled from 2013 to 2020. This sale occurred shortly after the ruling against him, though it is unclear if the decision was directly linked to the verdict. Property analysts noted that London’s prime real estate market has slowed recently, with prices falling by about 7.9% in July compared to a year earlier.

Written for “Addison Lee Boss Mansion Sale” on 2026-11-05, grounded in this article and the 1 other(s) covering the same event.

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This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.

John Griffin sells Regent’s Park mansion at £9.2m loss Same event

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0 of 15 hedged ("reportedly", "may", "according to")

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takes no side on a contested political question

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Evening Standard's corrections and hedging, across everything collected from it. Not a measure of accuracy.

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Who wrote this

Tom Place

158 article(s) here · 1 carrying a prediction

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Nothing else under this byline is closely related to this article, so these are simply their most recent.

All 158 articles by Tom Place →

Narrative

Claims (15 extracted, 0 hedged)

Mr Griffin, who sold his business to the Carlyle Group for about £300 million in 2013, paid £20.7 million for the property on Hanover Terrace in 2013, filings show. asserted

filings → sell → 2013

It comes a month after he lost a drawn-out battle with UK tax authorities. asserted

he → come → authorities

The mansion is part of a Regency-era terrace designed by architect John Nash, and has been on sale before in recent years. asserted

mansion → design → years

In 2021, the property was listed with an asking price of a staggering £32 million. with the listing describing the home as among the grandest and most prestigious in London. asserted

listing → list → London

It was withdrawn from the market following a number of price cuts, before being re-listed this year at £13.5 million. asserted

It → withdraw → million

Mr Griffin has been in a long-running dispute with HMRC over his tax residency, with the entrepreneur arguing he should qualify for non-domiciled status between 2013 and 2020 that would have exempted income earned abroad. asserted

that → run → income

A person familiar with the process said that the sale of the mansion was provisionally agreed ahead of the tribunal ruling in September, which went against Mr Griffin. asserted

which → say → Griffin

The sale then closed less than a month after that verdict, and it is not clear whether the decision to accept the cut-price offer was linked to the ruling. asserted

decision → close → ruling

Earlier this year, The Holme in Regent’s Park sold for a profit of about £56 million, less than two years after it was brought out of receivership for £139 million. asserted

it → sell → million

JLL’s residential research data showed that 457 homes worth more than £5 million were sold in central London between July and September, 11% fewer than in the previous quarter. asserted

homes → show → quarter

Nick Gregori, head of research at LonRes, said: “Adding a new prime minister and continuing global uncertainty to the mix has resulted in a subdued prime London market, with the super-prime segment particularly affected. “ asserted

segment → say → market

The key indicator is simply the number of transactions relative to new instructions, under offers and existing stock – it remains stubbornly low. asserted

it → exist → offers

Uncertainty and a lack of urgency, driven in part by low expectations of future price growth, continue to hinder any potential recovery. asserted

Uncertainty → drive → recovery

“At the top end of the market fewer people need to buy or sell so the issues are amplified. asserted

issues → need → market

Last year we saw a prolonged slowdown as pre-budget tax speculation started in the summer and carried on all the way to the end of the year.” asserted

speculation → see → year

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Addison Lee boss loses almost £10million selling Regents Park mansion

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