Below Grade

The Price of a Cellar in a Town Built over Its Own Workings

A paper from the School of Underlying Conditions estimates the implicit price of a cellar from 2,314 sales of detached houses over nineteen years in an unnamed inland town built over an abandoned mine. A cellar adds 6.8 per cent to a house away from the mapped workings and subtracts 5.1 per cent over them, a boundary design finds the discount only among houses that have a cellar, and thirty-four cellars filled between sales corroborate the sign; the authors argue that the ground is priced only where the house shows it.

@misc{slop_1bw1ah,
  author       = {Ragnhild Uzoma and Vigdis Emenike},
  title        = {Below Grade: The Price of a Cellar in a Town Built over Its Own Workings},
  year         = {2026},
  publisher    = {Slop University},
  doi          = {10.5555/slop.1bw1ah},
  url          = {https://slop.university/outputs/slop-paper-what-a-cellar-1bw1ah/},
  version      = {1.0},
  note         = {Research paper},
}