Library filed under Property Values from Europe

The Vindication of Don Quixote: The impact of noise and visual pollution from wind turbines on local residents in Denmark

The_vindication_of_don_quixote_ifro_wp_2013_13_thumb This paper examines the negative impacts of turbine view and noise on the sale of residential properties. The authors conclude that "noise and visual pollution from wind turbines have a considerable impact on nearby residential properties." and that "local residents who live in close proximity to these sustainable giants experience some very real negative externalities in the form of noise and visual pollution." The abstract and conclusion of the paper are posted below. The full paper can be accessed by clicking the links on this page.
10 Sep 2013

Proof windfarms will cut Scots house prices

The cottage was valued at £130,000, but after two years she was still unable to find a buyer. In June, when a woman withdrew an offer, she received an email explaining the decision, which reads: "Having spoken to Planning again, re the wind turbines, as 475 metres from the house is close, they have confirmed there will be a ‘whooshing' noise and flicker. ...My solicitor has contacted me this morning and said best avoid it and look for somewhere else."
8 Sep 2013

Ed Davey warned about his department's use of wind farm 'evidence'

The Daily Telegraph has learnt a new Government row over wind farms is blocking a report that could provide official confirmation that the controversial turbines can harm rural areas. ...Chris Heaton-Harris, the Conservative MP for Daventry, said: "There is growing concern over the level of property blight that wind turbines cause. "These are the experts in the industry and they should be listened to."
23 Aug 2013

The Impact of Wind Farms on Property Values: A Geographically Weighted Hedonic Pricing Model

Fcn_wp3_2012-pdf_thumb This paper examines the impacts of wind turbines on property values. The researchers look at distance and other factors, including visual effect and shadow flicker. The results found that property values were reduced particularly for properties within 1.5 kilometers of the turbines. The abstract and portions of the conclusion are provided below. The full paper can be accessed by clicking the links on this page.
2 Mar 2013

When a price has to be paid for green energy

Houses very close to wind farms drop in value because they are more difficult to sell and a significant rebate would be some compensation. Whether £400 and a reduction in fuel bills will be regarded as adequate remains to be seen and householders who complain that noise from turbines affects their wellbeing are unlikely to regard any payment as sufficient compensation.
27 Dec 2012

Wind turbine compensation stirring discontent

The loss-of-value clause was passed by parliment in 2008 at the urging of Dansk Folkeparti (DF) and gave neighbours to wind turbines the opportunity to seek financial compensation for lost property value. Fifty-three percent of applicants have received compensation, but those that have had money awarded say the amount did not come close to reflecting the actual value.
12 Nov 2012

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.
28 Jul 2012

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.
23 Jul 2012

Julian and Jane Davis valuation appeal

Valuation_tribunals-davis_thumb In 2006, Mr Julian and Mrs Jane Davis' quiet enjoyment of their property had been disturbed by a nearby wind project to such an extent that they were forced to vacate their house, for health reasons. The Lincolnshire Valuation Tribune ruled that construction of the turbines 930 metres away from the dwellings had a significant negative effect on Davis; enjoyment of their properties, that the nuisance caused by the turbines was real and not imagined and it would have an effect on the potential sale price of the properties. Excerpts of the ruling are provided below. The full ruling can be accessed by clicking on the link(s) at the bottom of this page.
23 Oct 2010

Wind farm threat to property prices

Householders living near to Aston Hall Farm between Aston and Burston say a proposal to install three turbines on the land by Severn Trent Water has already blighted property prices. Homeowner Rob Jackson, whose Enson Lane home is 520 metres away from the site of a proposed turbine, said the value of his house had dropped by between 20 and 30 per cent since he had it valued back in January. ..."It is devastating because planning authorities do not take property prices into consideration."
3 Aug 2009

Denmark: public policy regarding loss of value to real property due to wind turbines

Denmark_promotionrenewableenergyact_thumb Denmark adopted this policy in 2008-2009 which requires developers to pay compensation for loss of value of real property following the erection of the wind turbine. A summary of the policy is cited below. The policy document detailing the process of determining loss and compensation can be accessed by downloading the file linked to this page. This information was obtained from the Danish Energy Agency website.
1 Jan 2009

Wind turbine homes threat

A proposed 120-metre wind turbine would knock 50 per cent off the value of thousands of nearby homes, an action group claims. Save Our Skyline (SOS) was formed in response to a planned turbine taller than Wakefield Cathedral at Coca Cola's warehouse at Wakefield 41 Industrial Park. SOS claims 3,800 homes within a mile radius would see 54 per cent knocked of their value by the turbine. The information comes from a recent study by the Royal Institute of Chartered Surveyors.
10 Oct 2008

Landmark court ruling given; What do you think?

A landmark court ruling has ordered that Jane Davis be given a discount on her council tax because her £170,000 home has been rendered worthless by a wind turbine 1,000 yards away. This is effectively an official admission that wind farms, which are accused of 'spoiling countryside views and producing a deafening roar', have a negative effect on house prices. ...One of these impacts is of course safety. In June this year a 16-foot wind turbine blade smashed through a farmhouse roof in Northern Ireland as the farmer and his family slept inside.
24 Aug 2008

Homeowners living near windfarms see property values plummet

Thousands of homeowners may see the value of their properties plummet after a court ruled that living near a wind farm decreases house prices. In a landmark case, Jane Davis was told she will get a discount on her council tax because her £170,000 home had been rendered worthless by a turbine 1,000 yards away. The ruling is effectively an official admission that wind farms, which are accused of spoiling countryside views and producing a deafening roar, have a negative effect on house prices.
26 Jul 2008

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.
30 Nov 2007

https://www.windaction.org/posts?location=Europe&p=2&topic=Property+Values
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