Are friends electric? Valuing the social costs of power lines using house prices
Are friends electric? Valuing the social costs of power lines using house prices
- Centre for Economic Performance & London School of Economics, August 2023
- 40p.
- Discussion Paper .
The LSE report indicates that houses within 300 metres of new pylons sell for 10% less on average than those more than over 1.5km away. The influence of a pylon decays with distance but can be detected upto about 1.2km, on average houses sell for around 3.6% less within 1.2km than beyond that distance
2042-2695
HOUSE PRICES
OVERHEAD POWER LINES
PYLONS
VALUATION
The LSE report indicates that houses within 300 metres of new pylons sell for 10% less on average than those more than over 1.5km away. The influence of a pylon decays with distance but can be detected upto about 1.2km, on average houses sell for around 3.6% less within 1.2km than beyond that distance
2042-2695
HOUSE PRICES
OVERHEAD POWER LINES
PYLONS
VALUATION