- Tue 07 Sep 2021
Many people are wanting to do more for the planet by becoming more eco sustainable with the foods they eat and the types of products they buy, but it appears very few people are choosing their home based upon the rating of their homes EPC.
EPCs (Energy Performance Certificate) gives a property an energy efficiency rating from A (most efficient) to G (least efficient) and is valid for 10 years. This is important to perspective buyers as the lower the EPC rating, the higher energy bills could be for that property.
Following research by the Nationwide Building Society it was discovered that EPC home ratings are yet to have much of an impact on people’s choice of home. Green homes with A or B rated EPCs only attract a small percentage of just 1.7%. Nearly two thirds of homes in the UK are rated D and below, prices for these properties are largely the same as those rated C and E. This highlights that people stick to what they like and whilst they are happy to make contributions in many ways, their homes aren’t one of them.
Kai Logan, Group Marketing Director commented “Overall, the statistics show that right now the impact of an EPC rating has little effect on the price of your home, unless perhaps it is rated the most or least efficient. Here at Bradleys Estate Agents we have a team of knowledgeable agents that will be more than happy to help discuss how you can achieve the best value for your home and if you are thinking of selling, it’s best to seek advice before taking steps for any home improvements. If you’re thinking of selling please get in touch today or follow the link to get an online valuation in just 60 seconds.”
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