HVOTL Structures and Residential Property Investments in Suburban Lagos, Nigeria

Type Journal Article - Transnational Journal of Science and Technology
Title HVOTL Structures and Residential Property Investments in Suburban Lagos, Nigeria
Author(s)
Volume 4
Issue 2
Publication (Day/Month/Year) 2014
Page numbers 17-29
URL http://eprints.covenantuniversity.edu.ng/2623/1/Oni New.pdf
Abstract
High Voltage Overhead Transmission Lines (HVOTLs) otherwise referred to as powerlines,
have been ascertained to influence diminution in property value. This study epicenters on
the impact of power-lines on the rent of residential properties in suburban Lagos. Questionnaires
were distributed to registered Estate Surveying firms, residents within 200m of a I Okm double
tracked power-line in Alimosho, Lagos while an indepth interview of the manager and field
officers of the Alimosho PHCN sub-station was conducted. Averagely, a response rate of 66.5%
was achieved and collated data were analysed accordingly. Findings revealed that the rents
payable for homes within 1OOm proximity to the power line did not suffer value diminution.
Finally, the study recommended the PHCN to call to order, all residents breaching the 25m ROW
in suburban Lagos, to foster environmental decorum and also retain the null effect of power-lines
on rents in the neighbourhood as the suburb gradually merges into the metropolis.

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