The decisions by the Valuation Office Agency (VOA) to move certain houses close to wind farms into lower council tax bands are the first official recognition that the turbines can lower the value of nearby homes.
Although property experts have long acknowledged the harmful effect of wind farms on property prices, the association has until now been dismissed by the wind industry as conjecture.
In one recent case a couple saw the value of their home 650 yards from the Fullabrook wind farm near Braunton, Devon, fall from £400,000 to £300,000 according to a local agent's estimate.
No comments:
Post a Comment