House prices

Wind energy developers claim that proximity to a wind farm does not impact property values. However there is considerable evidence to the contrary.

  • Daily Mail: Proof that wind farms slash home values by 11% within 1.2 miles – LSE study or, in the case of one resident living close to Temple Hill, you can’t sell your home at all.
  • This sad story of planning blight – the inability to sell your home whilst a proposed wind farm on your doorstep goes through a lengthy planning process – is not uncommon.
  • 67% of estate agents think there is a detrimental effect on values either due to close proximity or visibility, according to a report by Frank Knight
  • The Valuation Office Agency, which determines appeals on council tax banding, accepted that having wind turbines built near homes can sharply decrease their value
  • A court awarded home owners in Cumbria compensation to the value of 20% of the house purchase price in June 2004 (and here the turbines were 40m tall not 126.5m as proposed at Temple Hill):

WIND farms can ruin the peace of the countryside and destroy the value of nearby homes, a judge has ruled.

The ruling is the first of its kind and damages the wind energy industry’s assertion that it is “a myth” that property prices are affected.

District Judge Michael Buckley said that the noise, visual intrusion and flickering of light through the blades of turbines reduced the value of a house by a fifth. He said that the value of a remote house in Marton, in the Lake District, fell significantly because of the construction of a wind farm of seven 40m-high turbines 500 metres away.

“The effect is significant and it has a significant effect on the property,” he said. “It is an incursion into the countryside. It ruins the peace”. Until now the industry has insisted that wind-farm developments do not damage house prices and the British Wind Energy Association even suggests the massive turbines can increase the value of nearby homes. Read more.