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House Prices

 

 

Various surveys have been conducted on the impact of windfarms on house prices. The two surveys below ae relevant to Wales and the local area.

Royal Institute of Chartered Surveyors (RICS) Survey 2004

The survey consulted local surveyors for their experience of the impact of windfarms on house prices. This survey found a mixed opinion. In Wales 44% of surveyors reported lowered house prices, however a majority, 56%, reported no impact on house prices.

The survey also recorded that any impact on house prices began with the planning application and decreased after two years of the windfarm being built.

Robertson Bell Associates Survey - Taff Ely Windfarm, nr Gilfach Goch

A survey of residents was conducted for the owner on this windfarm.. 78% of residents said the windfarm had had no effect on property prices, 15% didn't know, the remaining 7% was split equally between those believing the windfarm had increased and decreased their property price.

 

A reasonable conclusion might be that the impact on house prices is specific and dependent on the particular windfarm project: its scale and proximity to local housing.

The Newton Down site was selected in part for the low density of housing around it and the space available without houses to accommodate the windfarm. At only three turbines the windfarm can be more easily integrated into the local landscape than a larger windfarm.

 
Newton Down Windfarm