Tuesday June 2, 2020

Windfarms could devalue nearby Irish homes by 11 per cent

Average house prices in Kildare are over €245,000, suggesting a possible drop in price of €27,000 for homes within 2km of very large windfarms.

2nd February, 2014
A windfarm near Ballyclare in Co Antrim. Picture: PA

Large windfarms could knock more than €20,000 off the value of nearby Irish homes, the results of a major study carried out by the London School of Economics suggest.

The study, which examined more than a million sales of properties close to wind sites over a 12-year period in England and Wales, found that a windfarm with more than 20 turbines reduces the prices of homes within 2 kilometres by 11 per cent on average.

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