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When the wind blows: They're Green, but Wind Farms Make Poor Neighbours
'A Royal Institution of Chartered Surveyors study suggests local house prices drop by around 20 per cent when a wind farm application is submitted. If a house in the vicinity was once worth Pounds 350,000, it will now be worth Pounds 50,000 to Pounds 70,000 less,' he says.
Mr Barlow is one of the leaders of the Stop Wadlow Wind Farm campaign, a group of 300 local residents opposing plans for what he describes as '13 vast, noisy turbines, each one taller than Big Ben, and visible over an area of more than 300 square miles'. ...While some estate agents claim turbines have a negative impact on prices, many others see them as an inevitable feature of the future landscape. And farmers, on whose land the turbines are often built, can certainly profit from wind.
November 29, 2007
by Graham Norwood
in The Daily Mail
Love them or loathe them, more wind farms are on their way. The big question is: will they have an impact on nearby house prices? Bob Barlow, a public relations executive from Cambridgeshire, believes he has found the answer.
'A Royal Institution of Chartered Surveyors study suggests local house prices drop by around 20 per cent when a wind farm application is submitted. If a house in the vicinity was once worth Pounds 350,000, it will now be worth Pounds 50,000 to Pounds 70,000 less,' he says.
Mr Barlow is one of the leaders of the Stop Wadlow Wind Farm campaign,... [continue via Web link]
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