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Would you buy a house near a nuclear facility?

As per the question,i'm thinking mainly of a nuclear power station.

Would you totally discount it or expect houses to be much cheaper?

I know if such a facility went faulty in a big way then distance may not save you but would you want to live where it is in view, even at a distance?
Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..
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Comments

  • HampshireH
    HampshireH Posts: 4,821 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    I would. It wouldnt bother me personally. However for many it would be a huge no.

    As you say, if there is a problem it will be far wider reaching than the neighbours
  • YoungBlueEyes
    YoungBlueEyes Posts: 4,752 Forumite
    Tenth Anniversary 1,000 Posts Homepage Hero Photogenic
    I should think they would be cheaper (depending on location of course), and it honestly wouldn't put me off if it was the right house for me. I suppose you'd have to factor in whether you'll be living there for years and years or reselling sooner.

    I'd take the view that if there was a major incident, those closest will be vaporised quickly. Whereas x miles away you might end up all melty and maimed... :vomit:

    I'd live near one of these before I lived near an airport for eg.
    Don't throw sodium chloride at people. That's a salt.
  • stator
    stator Posts: 7,441 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    A new nuclear facility? I would be fine living next door
    Sellafield? No thanks. The mistakes of the past mean that place is a minefield.
    Changing the world, one sarcastic comment at a time.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    How near is 'near?' Most of us live close enough to be affected by an incident like the Chernobyl meltdown.

    I thought about it when re-locating, as there's an unquantifiable small risk surrounding these installations, and probably more from terrorism or rogue state targeting.

    So, while I'm not exactly next door to one, and prevaling wind here is usually against the Severnside facilities, I don't think any of us can truly say we live in some kind of safe zone.
  • theartfullodger
    theartfullodger Posts: 15,566 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Doesn't seem to affect prices in Ascot when there's a civilian reactor. Mind you most people seem not to know.
  • unforeseen
    unforeseen Posts: 7,373 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Consider Capenhurst, 4 miles from Chester. They do Uranium enrichment and waste storage. The 2 processes that gave Sellafield/Windscale such a bad name.

    Anything go wrong there and Chester, Liverpool and the Wirral are in the firing line.
  • tori.k
    tori.k Posts: 3,592 Forumite
    I wouldn't bet on it being cheaper, An argument about building the incinerator here was that it would drop house prices and It did temporarily but within 18months they had bounced back in line with everywhere else.
  • AlexMac wrote: »

    That EA is pulling it a bit by saying "Everyone can view it on Google Earth". Oh right - that would include those of us without computers as well would it?

    Obviously those of us on here could - but there are quite a few peope without computers (as is their right - or maybe they can't afford them).

    *********

    Personal response - no, I wouldnt buy near one - both from my own pov and from a resale pov.

    Though, goodness knows, it does get difficult in an overcrowded country to avoid everything one needs to avoid:
    - chemically farmed food nearby (pesticide etc sprays drifting around near us:eek:)
    - busy roads nearby (for some of us)
    - proposed fracking sites
    - travellers sites
    - loads of proposed development nearby (for some of us)
    etc etc.

    Definitely "Oh my head hurts..." when wondering how to avoid all nasties and then when a limited budget comes into it as well ".....and my head will probably hurt for weeks" wondering how to square that circle.:cool:
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    That EA is pulling it a bit by saying "Everyone can view it on Google Earth". Oh right - that would include those of us without computers as well would it?

    Obviously those of us on here could - but there are quite a few peope without computers (as is their right - or maybe they can't afford them).
    Then they can go to the local library and use them for free...


    Or they can look on a roadmap for the location of the property.


    "But they might not have internet access" was a lame cop-out a decade ago. Now, it's just ridiculous. 90% of UK households have internet access in 2017. That figure passed the 80% mark in 2012, and 70% as far back as 2007. 12% of those who didn't have access said it was because they had access elsewhere (so that's 91%+ with access) and when you discount those who gave other reasons for not having it (64% "not interested" and 20% "no skills"), that only leaves 4% of the 10%, 0.4% total, who may have "can't afford it" as their reason. Those are not the people who are looking to buy houses...

    https://www.ons.gov.uk/peoplepopulationandcommunity/householdcharacteristics/homeinternetandsocialmediausage/bulletins/internetaccesshouseholdsandindividuals/2017
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