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Wind farms could affect house prices
The revelation came following the Valuation Office Agency's down-grading of council tax bands for several homes after they dived in value following the arrival of turbines nearby.
Although just five cases have been officially revealed, these suggest that a wind farm decreases house prices by 20 per cent or makes them difficult or even impossible to sell.
July 28, 2012
in Leicester Mercury
This week the government confirmed what many have long suspected - that wind farms reduce a property's selling price.
The revelation came following the Valuation Office Agency's down-grading of council tax bands for several homes after they dived in value following the arrival of turbines nearby.
Although just five cases have been officially revealed, these suggest that a wind farm decreases house prices by 20 per cent or makes them difficult or even impossible to sell.
But wind turbines are not the problem to blight a property's value.
Noisy neighbours are top of the list and, according to a recent Halifax survey, 17% of... [continue via Web link]
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Property Values
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UK
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