Could a coal-free nation dent power plant house price performance?

On average, property prices surrounding the nation’s power plants command 17% more than the wider areas they are located within, according to the latest property market analysis by GetAgent.

A drive for renewable and sustainable energy sources seems to have energised house prices surrounding on-shore wind farms in England and Wales the most.

On average, the cost of living around a wind farm is £256,369, 53% higher than the wider area averages in which these plants are located.

House prices surrounding coal power stations are 19% higher than the wider area average; the second-largest power plant price premium.

Property prices surrounding natural gas (16%) and oil-diesel (11%) plants are also home to a double-digit difference between the surrounding property market and the wider area. At 1%, biomass plants are home to the lowest power plant house price premium.

With Britain recently registering its longest coal-free period on record our use of more traditional energy sources could be set to disappear. Should this happen, house price growth across sites home to a traditional fuel power plant could also start to lose power.

This may already be the case on an annual basis with house price growth down across all power station locations in the last year, except onshore wind farms (+1%). 

Power plant house prices and annual change
Energy type
Average House Price: Power Plant Postcodes – 2019
Average House Price: Power Plant Postcodes – 2020
Annual Change
Oil-Diesel
£274,732
£274,078
-0.2%
Natural Gas
£247,527
£241,242
-3%
Coal
£227,966
£223,536
-2%
Nuclear
£210,683
£206,017
-2%
Biomass (all types)
£216,769
£207,411
-4%
Wind (on shore)
£253,644
£256,369
1%
Average
£238,554
£234,776
-2%
Current power plant house price compared to wider area
Energy type
Average House Price: Local Authority – 2020
Average House Price: Power Plant Postcodes – 2020
Percentage Difference
Oil-Diesel
£247,897
£274,078
11%
Natural Gas
£207,964
£241,242
16%
Coal
£188,507
£223,536
19%
Nuclear
£189,856
£206,017
9%
Biomass (all types)
£205,991
£207,411
1%
Wind (on shore)
£167,933
£256,369
53%
Average
£201,358
£234,776
17%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

small house bird box
Breaking News

UK First Time Buyers better off than many other global nations

Is it really that bad being a first-time buyer? UK better off than many other global nations when it comes to affordability The latest market analysis from Yopa, the full-service estate agents, reveals that first-time buyers (FTBs) in the UK may be paying 63% more to get a foot on the property ladder than they…
Read More
new build homes colchester essex
Breaking News

Building Safety Regulator Reform

The Government has announced reforms to the Building Safety Regulator, including leadership, process and investment. The changes are hoped to deliver 1.5 million homes. The reforms pave the way for creation of a single construction safety regulator, as recommended by the Grenfell Tower enquiry. David Smith, property litigation partner at London law firm Spector Constant…
Read More
Breaking News

New anti-money laundering rules now in effect: what landlords need to know

New anti-money laundering (AML) rules came into effect this month, marking a significant change for landlords and the lettings industry as a whole. The new rules mean financial sanctions checks are now required for all lettings, regardless of how much rent is charged. Here, Steve Bond, managing director of residential lettings for Beresfords, explains what…
Read More
Breaking News

What landlords need to know about the upcoming Renters Rights Bill

The government’s long-awaited Renters Rights Bill is one of the most significant overhauls of the private rental sector in decades. While it has not yet received royal assent, the legislation is expected to come into effect late this year, or early in 2026. With the bill moving closer to becoming law, Steven Bond, managing director…
Read More
Breaking News

Mortgage approvals bounce back in May

The latest figures show that: – Mortgage approvals on house purchases for May sat at 63,032 up 3.9% from 60,656 in April. The monthly increase seen in May marks the end of four months of previous decline, with approval levels having fallen each month since January of this year. Approvals are also 2.5% higher than…
Read More
Breaking News

Money and Credit – May 2025

Key points: Net borrowing of mortgage debt by individuals increased by £2.8 billion to £2.1 billion in May, following a large decrease in net borrowing of £13.8 billion to -£0.8 billion in April. Net mortgage approvals for house purchases increased by 2,400 to 63,000 in May. Approvals for remortgaging also increased by 6,200 to 41,500…
Read More