Burton Joyce Resident Villagers Oppose Local Turbines
House Prices
There have been various small studies into the impact that wind
farms have on house prices. The conclusions of the surveys are mixed,
some citing a reduction in property values and some concluding that
the effect is negligible.
We ask that you come to your own conclusion. Would you consider
buying a house that was detrimentally affected by a wind turbine,
either by the noise created or by the visual impact? What effect
would that have on the property's value and its saleability?
The Royal Institute of Chartered Surveyors sets out the negative
effects of wind farms on property values in its 2004 report entitled
'Impact of wind farms on the value of residential property and agricultural
land'.
Read here (pdf)
The effect on house prices is borne out in letters received from estate
agents which can be read on the following:
Property Values & House Prices A recent article in the Daily Telegraph and on the Telegraph website by Nigel Bunyan and Martin Beckford highlights the risks to property values. Please click on the following link:Homeowners living near windfarms see property values plummet |
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