Sure. As a child, I was very afraid of the dark. The last thing I want to think about before going to bed are unknown "noises everywhere", that'll make my ears perk up to listen for mysterious noises. Reading this book to my daughter brought back these vivid and mostly unpleasant memories.
I understand it won't be like this for everyone, of course. And at the same time, I don't understand the appeal. So to me, it's not a great book all around.