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Neither
the wind farm industry nor the government are prepared to accept
that wind farms have a lasting impact on property prices - this
is in spite of some extreme
cases where homes
have been made un-saleable by close proximity to and noise nuisance
from wind turbines.
Several
studies about house price impact have been carried out for the
wind farm industry. There are serious doubts over either the methods
used by or of the analysis of the data.
Wind
farm companies may accept that there will be a fall in property
value but are then likely to say that they will recover over a
two year period. The basic question is would you pay the same
for a home if you could see or hear turbines which were very close
to it.
There
is no sympathy whatsoever for homeowners who suffer huge losses.
Loss of the value of homes is not a planning consideration.
To
get the full picture read all the key documents to which we have
links or skim through our summary which is colour coded to make
it easy.
Headline
comments from the report- green
/ methodology in black /spin applied in
the report - blue /critical review
- red
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RICS
Report 2004 - Key statement- "67%
of estate agents think prices fall at planning stage and
negative impact continues but becomes less severe after
two years or so after completion"
Method - This study was done by the Royal Institute of Chartered
Surveyors by contacting estate agents and asking them what
the impact of a wind farm was on house prices and land prices.
60% said that house prices decrease when the turbines are
within view and 67% say that the decrease starts when the
planning application is submitted. This must mean that 67%
think that house prices fall. They say the negative impact
on property values continues but becomes less severe two
years or so after completion. ( This could be 4 years in
total allowing for time taken for construction).
The
full report is available here 
This
is often turned around by the wind farm industry who quote
the results as "a significant minority (40%) thought
there was no impact on house prices". The
figure should be 33% because 67% say house prices fall with
the planning application. The 33% may also include don't
knows as well as those who think there is no impact.
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RICS
Report 2007 - "Insofar as there was any impact on prices,
the results show that it is most noticeable for terraced
houses,with there being a significant impact on properties
located within a mile of a wind farm"
Method
- Rather than asking the opinion of estate agents this study
looked at the price that homes actually sold for. On the
face of it a more rigorous approach. But on closer examination
you find that all homes worth more than £400k were
excluded. This would mean that mostly detached houses were
excluded. The study found that terraced houses within 1
mile of a turbine were 54% lower value and semi detached
were 35% lower than houses at 4 miles distance. The findings
were then dismissed because some of the houses within one
mile at one of the wind farm sites were ex-MOD properties.
Surely they knew this before they started the study, so
why do it if the results will then be discounted.
Read
the full report for yourself 
and
this review which exposes the full extent of the manipulation
of the facts
The
wind farm industry spin from this concludes - the effect
seems much less marked - if at all for detached properties.
But then they had excluded houses
over £400k and this would mostly be detached houses.
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Crystal
Rig Study 2007 "The study
finds no evidence of a relationship between proximity to
a wind farm ( 7 miles away)
and changes in property prices. Over the seven year period
the average price of property in Dunbar grew by 132.8%,
slightly above the regional average of 125.0% recorded across
East Lothian"
A
very thorough piece of research work, every house sale over
a seven year period was examined and the house price trend
between East Lothian and the Dunbar area were compared.
The nearby wind farm in the study is Crystal Rig. When you
look at a map or visit the site as one of our team has done
you wonder why so much effort was put into the study. Dunbar
is 7 miles from the wind farm. They may as well have looked
at the effect of a wind farm near Sherburn on house prices
in Ferrybridge. At the time of the study few if any turbines
could be seen from Dunbar so why would the house prices
be affected 7 miles away. Our concern is about for the value
of homes with turbines within half a mile, one mile or two
miles.
Read
the full report here 
A
reference to the 2004 RICS study says that it indicted wind
farms may have a slight negative effect on nearby house
prices. They report that the Crystal Rig study does not
offer any evidence to support the hypothesis- this
is true, they don't have any data at all about nearby house
prices( say within 3 miles) , the study was done on prices
of homes 7 miles away from the wind farm. The study is totally
irrelevant to our locations.
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Modeling
the impact of wind farms on house prices in the UK - 2008
- "The results found some evidence to suggest that
the view of the surrounding environment from a property
could influence selling price, although there is no clear
relationships between having a view of the wind farm and
a reduction in value"
A
follow up study of the ex MOD properties that were discounted
from the 2007 RICS survey above. Twenty pages of obfuscation
- terms such as hedonic modeling, one-sample Kolmororov-smirnov
test abound. It takes 9 pages to reach the revelation that
there is a difference between the price of a semi and a
terraced property and that the number of bedrooms affects
sale price. The turbines in the study were only 60 metres
high ( less than half the height of those we are concerned
about) and no house had a view of more than two turbines.
Many of our houses will have a view of 10 or more turbines
which are twice as large, you will be able to see up to
the full 30 turbines from some homes.
Read
the full report here 
The
inclusion of charts which show the opinion of residents
in Scotland is misleading and not relevant to the study
in Cornwall. The data refers to people living within 20Km
of a wind farm and shows 55% seeing no problem from there
being a wind farm -
this may be true but 75% of the sample would live more than
10km from the nearest turbine so you would not expect them
to see much impact. There are no results for people living
within a few km, or as close as 600metres from a 125metre
high turbine.
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