News
Wind farms DO hit house prices: Government agency finally admits that thousands can be wiped off value of homes
The Valuation Office Agency has been forced to re-band homes into lower council tax categories, confirming what most residents who live near the giant turbines already know: they are detrimental to property prices.
The move will make it harder for the wind farm industry to dismiss public concerns over the impact of their turbines.
July 22, 2012
by Gerri Peev
in Daily Mail
Wind farms can wipe tens of thousands of pounds off the value of homes, a government agency has admitted for the first time.
The Valuation Office Agency has been forced to re-band homes into lower council tax categories, confirming what most residents who live near the giant turbines already know: they are detrimental to property prices.
The move will make it harder for the wind farm industry to dismiss public concerns over the impact of their turbines.
At least five homeowners have seen their properties officially downgraded by the VOA because of their proximity to windfarms.
But only cases that go to appeal are... [continue via Web link]
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Property Values
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UK
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