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2008 | 12 | 4 | 251-269
Tytuł artykułu

MODELLING THE IMPACT OF WIND FARMS ON HOUSE PRICES IN THE UK

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Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
This paper discusses the findings from a UK study to determine the likely impact of a wind farm on house prices using a hedonic pricing model. The Government's commitment to wind power has resulted in a massive increase in the number of wind farms sited in the UK. This has led to concerns that their visual and aural presence could have a negative impact on proximate house prices. This paper presents an analysis of 201 sales transactions from houses situated within half a mile of a 16 turbine wind farm in Cornwall, UK. Whilst no causal link was established between the presence of the wind farm and house price, there was some evidence to suggest that both noise and flicker from the turbine blades could blight certain property and that the view of countryside enjoyed by the occupier had some value which may be affected by a wind farm.
Twórcy
autor
autor
  • Sally Sims, Department of Real Estate and Construction, School of the Built Environment, Oxford Brookes University, Headington, Oxford, UK
Bibliografia
Typ dokumentu
Bibliografia
Identyfikatory
CEJSH db identifier
10LTAAAA075231
Identyfikator YADDA
bwmeta1.element.27bbccb3-d2ac-3711-bba1-9520b41a5073
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