Realistbear Posted April 26, 2006 Share Posted April 26, 2006 http://www.thisisstroud.com/stroud/news/NEWS0.html Play area house values plummet by Liz Weafer A PARISH council faces possible legal action after the value of homes plummeted by £50,000 when a play area opened nearby. Homeowners who overlook Brad's Play Area in Minchinhampton are demanding compensation for the drop in value since the recreation ground opened at the start of February. Estate agents say the fall is due to noise and lack of privacy, which are likely to put off potential buyers. One of the residents affected is a member of Minchinhampton Parish Council himself. Eighteen months ago, Cllr Gerald Ford's home in Summersfield Road was valued at £300,000 - now it is worth £250,000 . Quote Link to comment Share on other sites More sharing options...
SarahBell Posted April 26, 2006 Share Posted April 26, 2006 I have to say I'm gobsmacked! Are they not increasing the price due to the increase in local ammenities? Quote Link to comment Share on other sites More sharing options...
Guest Guy_Montag Posted April 26, 2006 Share Posted April 26, 2006 I'd like to see them take legal action & lose their f'ing shirts. Quote Link to comment Share on other sites More sharing options...
Shamus Posted April 26, 2006 Share Posted April 26, 2006 Er... Minchinhampton in Gloucestershire, near Stroud. I think they may be using this as an excuse to claim compensation. Prices have been slipping back anyway in Stroud since last year. Quote Link to comment Share on other sites More sharing options...
Cornwall Sceptic Posted April 26, 2006 Share Posted April 26, 2006 Nothing to do with playground IMHO the crash has started in Stroud# CS Quote Link to comment Share on other sites More sharing options...
bachelor Posted April 26, 2006 Share Posted April 26, 2006 http://www.thisisstroud.com/stroud/news/NEWS0.html Play area house values plummet by Liz Weafer A PARISH council faces possible legal action after the value of homes plummeted by £50,000 when a play area opened nearby. Homeowners who overlook Brad's Play Area in Minchinhampton are demanding compensation for the drop in value since the recreation ground opened at the start of February. Estate agents say the fall is due to noise and lack of privacy, which are likely to put off potential buyers. One of the residents affected is a member of Minchinhampton Parish Council himself. Eighteen months ago, Cllr Gerald Ford's home in Summersfield Road was valued at £300,000 - now it is worth £250,000 . Oh my God! Is it really possible to take legal action if your house (property) goes down in value? If this is the case we could well see many more cases like this in the future! Quote Link to comment Share on other sites More sharing options...
Cornwall Sceptic Posted April 26, 2006 Share Posted April 26, 2006 Oh my God! Is it really possible to take legal action if your house (property) goes down in value? If this is the case we could well see many more cases like this in the future! Very doubtful you could establish a case without spending so much money that the other side would settle for an out of court My mother in law (bless her) has problems with a development built directly behind her which completeley took away a beautiful rural view - all she can see now is the gable end of a cardboard and block monstrosity. I spoke to a very able planning solicitor who advised there was no possible case as you have no legal right to a view Noise is a problem and you could apply for an order to stop or reduce the noise however many would argue that the noise of children playing is not unpleasant at all - the chances of establishing a case IMHO are somewhere between exceedingly slim and b*gger all CS Quote Link to comment Share on other sites More sharing options...
FollowTheBear Posted April 26, 2006 Share Posted April 26, 2006 (edited) Whilst laughing , I must say I do know how they feel. About a year ago I sold my flat in central Sheffield - I had to do the viewings in winter when the local kids were mainly inside. Summer and no-one would have come near the place. Krusty and friends always go on about traffic noise (which I don't mind) but kids are a different league altogether Edited April 26, 2006 by FollowTheBear Quote Link to comment Share on other sites More sharing options...
backtoparents Posted April 26, 2006 Share Posted April 26, 2006 And so the blame game begins......... ... these sort of stories might be worth a blog all of their own. btp Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted April 26, 2006 Share Posted April 26, 2006 i can just see the stroud nimby's shouting at the kids from the mock mullion windows. "shut up..!! your making my house price go down.." Quote Link to comment Share on other sites More sharing options...
FollowTheBear Posted April 26, 2006 Share Posted April 26, 2006 Presumably the residents were given an opportunity to object to the playground when the planning permission was released? But, hey, house prices only ever go up don't they! Quote Link to comment Share on other sites More sharing options...
BillyShears Posted April 26, 2006 Share Posted April 26, 2006 Maybe the mantra that "property always goes up" is so ingrained into peoples minds that every loss of value will be blamed on something. My house dropped 50K because of too much dog mess on the pavement. My house dropped 70K because my neighbour won't stop eating beans and boiled cabbage. My apartments dropped 20K because the council stopped weekly rubbish collections and only collect bi-weekly. My house has dropped 100K because the man living opposite has gone bald and refuses to wear a toupee. Anyone got any more? Billy Shears Quote Link to comment Share on other sites More sharing options...
ca-uk Posted April 27, 2006 Share Posted April 27, 2006 surely they can just get beenie round on streets ahead - hell, a lick of paint (has to be grey, pink, light blue or cream mind) and a new fence/wall and those houses will gain the 50k back and another 50k for good measure. simple. Quote Link to comment Share on other sites More sharing options...
CrashConnoisseur Posted April 27, 2006 Share Posted April 27, 2006 Sometimes house prices go up, sometimes they go down. It's just swings and roundabouts. Quote Link to comment Share on other sites More sharing options...
Badger Posted April 27, 2006 Share Posted April 27, 2006 I would definitely seek a discount or not even consider a house near a playground - noisy kids by day, extra traffic etc, and under-age drinking chavs loitering at night. Oh my God! Is it really possible to take legal action if your house (property) goes down in value? If this is the case we could well see many more cases like this in the future! Krusty & Phlegm would be taken to the cleaners.. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.