News
Wind farms do bring down property values
The decisions by the Valuation Office Agency (VOA) to move certain houses close to wind farms into lower council tax bands are the first official recognition that the turbines can lower the value of nearby homes.
July 21, 2012
by Nick Collins
in The Telegraph
Wind farms can bring down property prices, government officials have accepted after downgrading the official valuation of several homes close to turbines.
The decisions by the Valuation Office Agency (VOA) to move certain houses close to wind farms into lower council tax bands are the first official recognition that the turbines can lower the value of nearby homes.
Although property experts have long acknowledged the harmful effect of wind farms on property prices, the association has until now been dismissed by the wind industry as conjecture.
In one recent case a couple saw the value of their home 650 yards from the... [continue via Web link]
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