Impact of HVOTLs on Residential Property Rental Values in High-Brow Lagos Metropolis

Type Journal Article - Ethiopian Journal of Environmental Studies and Management
Title Impact of HVOTLs on Residential Property Rental Values in High-Brow Lagos Metropolis
Author(s)
Volume 5
Issue 1
Publication (Day/Month/Year) 2012
Page numbers 56-63
URL http://www.ajol.info/index.php/ejesm/article/download/74153/64811
Abstract
High Voltage Overhead Transmission Lines (HVOTLs) otherwise refered to as power-lines have been
debated to facilitate property value diminution. This current study investigates the impact of power-lines
on the rents of residential properties in high brow Lagos. Questionnaires were distributed to registered
Estate Surveying firms, residents within 200m to power-lines in Surulere area of Lagos while an indepth
interview of the Manager and field officers of the Akangba PHCN sub-station was conducted. On the
average, a response rate of 66.5% was recorded. Findings revealed that residential property rents
increased as distance from power-lines increased averagely by =N=5,000.00 and a mean value impact of
=N=786 on neighbourhood rental value.The study encouraged the use of buried armour cables instead of
overhead power-lines in future and the strict enforcement of ROWs within Lagos metropolis where
power-lines already exist, in a bid to abate the effect of power line on property investments.

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