Your property may lose 25% of its value

- Please don't complain, its not a valid planning objection.

 

If you paid a premium for a home in a quiet rural location would you still pay the same premium if you could see and hear wind turbines close by? ..............We very much doubt it.

Do you believe the wind farm industry when they say that there is no evidence to say that close proximity to wind turbines has no lasting effect on house prices ?
Click here to see House price reports used by the Wind Industry.

With very little effort we have found numerous examples of house prices being hit hard by the close proximity of wind turbines. If you find others please let us know. Our examples are from all over the world. The evidence we have found leads us to believe that those homes which are very close could lose 20% of their value. House sales in the vicinity of the proposed wind farms will stagnate and only those willing to drop prices significantly will have any chance of selling. Looking at the number of homes around Woodlane and their present market value leads to a provisional assessment that the total loss in the area around Woodlane could be £10Million or more. Even if the figure for Bishopwood and Ferrybridge was half this amount, it means that the region will effectively lose £20 million if all three went ahead. Why should we stand back and let developers effectively steal what we have all worked so hard for.

If you want to learn more about the studies undertaken on behalf of the wind industry and the limitations of these studies - read them all for yourself - click on the above link.

The reports look as if the same people who wrote the "dodgy dossier on Iraq" were involved. Iraq was supposed to have weapons of mass destruction and the ability to use them to attack Britain in 20 minutes. Thats what the government wanted you to believe so you would support the Iraq war. The government now wants you to support wind farms across the whole country - and the same report writing and news management techniques are being used.

Please make your own judgment on this issue, but ask yourself why you chose to live where you do and whether it would still be your choice now that you know of the proposed wind farm. Read our case studies:-

20% loss - Woodlane wind farm - Local estate agents valuation of a house with a view of 4 x 125 metre turbines with the closest one at 815 metres. The house was valued at approx £1M with no wind farm and £800K if the windfarm was granted planning permission.

Woodlane - Purchasers withdrew - we are aware of two house sales where the purchasers withdrew when they became aware of the proposed wind farm. The price of one house has been reduced by 20% in an attempt to get a quick sale.

Lincolnshire - Valuation tribunal accepts loss due to turbines -Jane Davis was given a reduction on her council tax because of a turbine 1,000 metres away. During the hearing estate agents said no one is likely to buy the home because of the turbines. The ruling has been seen by the property market as an “effective admission” that wind farms – often accused of spoiling views and creating annoying noises – have a negative effect on house prices. Watch the BBC News report or see the press report here A reduced tax band is a small consolation but it demonstrates the severity of the potential problems.

Sweden 30% house value fall on planning application going in - In Denmark there is a compensation scheme whereby the wind farm owners have to pay homeowners for loss of value of property. Danish owners of holiday homes in Sweden are complaining that there is no such scheme in Sweden and that holiday homes within 2km of a turbine are un-saleable. An experienced estate agent, after having consulted many of his Swedish colleagues, informed that just a letter applying for erection of a wind mill in the vicinity immediately depreciated the value of the property by 30 per cent. Read more here

Texas -25% price drop - Example property from a larger study - 350 acres ranch/retirement homestead … 27 wind turbines within 1-1/2 mile radius … • Prospective buyer agreed to sales price. • Disclosure of wind turbine project to buyer, Buyer backed out of offer. • Seller agreed to 25% discount to Buyer, Buyer declined discounted offer. • Currently little interest in property in spite of other characteristics of property.

California - house prices reduced by $48,000 A study of 600 property sales showed :- The days on market was more than double for those properties within a 3 mile windmill zone The sold price was on average $48,000 lower inside the windmill zones than those outside The number of homes not absorbed (not sold) was 11% vs 3%

Canada - 20 to 25% reduction - Developers say wind turbines have no effect on property values. Common sense suggests otherwise. A three-year study of 600 property sales near the wind turbine developments north of Shelburne shows values declining by 20% to 25%, with one reassessed at 50% of its market value. Some homes can’t be sold at any price so developers buy them and bulldoze the homes. Would you buy a home in this area? The government refuses to compensate owners for such losses.