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Effect of EPC ratings on house prices report

Improve an old home in England from EPC G to A/B rating and its value may increase by 14% says a June 2013 DECC report .

At face value this is fantastic news for people who have retrofitted their homes. However, we might weigh this against the April 2013 EU report  which found no increase in house values in Oxford (p115). This EU report reveals regional variations across Europe.

The DECC report says that houses with better EPC ratings on average have a higher sale price per square metre, when other factors (including built form, age and geographical region) are eliminated.  However, the report cautions that this should not be seen as simply cause and effect, as homes that have higher EPCs are more likely to have had other home improvement measures as well, such as refitted kitchens which may add to their perceived value.