Power lines are an essential part of the modern world, as they provide electricity to our homes and businesses. However, many people worry about the potential impact that power lines may have on their property value. If you are thinking of buying or selling a property near power lines in the UK, you may be wondering how much they can decrease your property value. In this article, we will explore this issue in detail and provide you with some practical advice on how to deal with it.
The Basics of Power Lines
Before we delve into the impact of power lines on property values, it’s important to understand how they work.
Power lines are part of the electricity distribution network that carries electricity from power stations to homes and businesses. They consist of overhead lines, which are supported by pylons or poles, and underground cables, which are buried beneath the ground. Overhead power lines are the most visible type of power line, and they can be found in many areas of the UK.
The Impact of Power Lines on Property Values
There is no denying that power lines can have a negative impact on property values. In general, properties that are located near power lines are considered to be less desirable than those that are not. This is due to a number of factors, including the perceived health risks associated with electromagnetic fields (EMF) and the visual impact of the power lines themselves.
The perceived health risks associated with EMF are a major concern for many people who live near power lines. Although there is no conclusive evidence that EMF exposure is harmful to human health, some studies have suggested a possible link between EMF and an increased risk of certain types of cancer. As a result, many people are reluctant to buy or live in a property that is located near power lines.
In addition to the perceived health risks, the visual impact of power lines can also affect property values. Power lines are not aesthetically pleasing, and they can detract from the overall appearance of a property. This can be a major turn-off for potential buyers, who may prefer a property that is located in a more scenic area.
How Much Do Power Lines Decrease My Property Value?
So, how much do power lines decrease property values? The answer to this question is not straightforward, as it depends on a number of factors. The most important factor is the distance between the property and the power lines. Properties that are located closer to power lines are likely to be affected more than those that are further away. In general, properties that are located within 200-300 meters of power lines are likely to experience the most significant decrease in value.
The type of power line also plays a role in determining the impact on property values. High voltage power lines are generally considered to be more of a problem than low voltage power lines, as they are larger and more visible. The visual impact of the power lines is also affected by the terrain and landscape of the surrounding area. If the property is located in an area with a lot of trees or hills, the visual impact of the power lines may be reduced.
According to a study conducted by the UK government, properties that are located within 50 meters of a power line may experience a decrease in value of up to 30%. For properties that are located between 50-200 meters from a power line, the decrease in value is likely to be around 10%. Properties that are located further away from power lines are unlikely to be affected by the presence of the power lines.
What Can You Do?
If you are thinking of buying or selling a property near power lines, it is very important to have an EMF survey conducted on the property. This survey will measure the level of EMF exposure in and around the property and would be very helpful to sell or buy the desired house or flat.