House price fears over shale gas

A drilling rig like this could be seen in Lancashire under Cuadrilla's plans

A drilling rig like this could be seen in Lancashire under Cuadrilla's plans

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Almost half of Lancashire residents are worried about the impact of shale gas drilling on their house prices, a new survey shows.

The findings form the second part of a survey by leading marketing research agency Redshift for Greenpeace UK.

They show that 45 per cent of the 500 Lancashire residents interviewed are worried about the impact of fracking on house prices. One in five (21 per cent) said they were very concerned.

Greenpeace UK energy campaigner Simon Clydesdale said: “Many people in Lancashire are concerned about the impact of fracking on the value of their homes.

“They deserve better than a government that is hiding evidence while claiming there is none, and an industry which flatly denies the problem even exists.”

But a spokesman for gas exploration firm Cuadrilla said: “People have no reason to worry about the negative impact on house prices as a result of our proposed shale gas exploration activity.

“There has been no evidence since hydraulic fracturing began onshore in the UK in the 1970s that house prices have been impacted negatively. This is supported by independent research.”