Skip to main content
Observer Ethical awards Winners 2011

YouGen Blog

Does your home's energy efficiency influence its price and salability?

Posted by Gabby Mallett on 14 December 2015 at 12:30 pm

It’s difficult to know how much energy efficiency measures or renewable energy technologies make a difference to the sale price of your home.  There is some evidence that better insulated homes or those with renewables can command more in an open market, but the facts aren’t clear as often these properties are the best looked after and therefore it may be other factors that increase the cost.

However, new evidence has emerged which shows that energy efficiency does have a bearing on the salability of your home and the price you are offered.  SellingUp a UK website which helps you through the sales process has recently commissioned an exclusive survey with Populus, one of the UK’s leading market research firms, to look into some of the lesser known reasons that potential buyers may be put off entirely, or encouraged to make a reduced offer.

Yes, you’ve guessed it, topping bad taste or out of date kitchens and bathrooms, the one factor which is most likely to result in a reduced offer price is a poor energy efficiency rating.  The survey suggests that buyers are getting much more savvy where energy efficiency is concerned.  More than a third of respondents (36%) said they would cut thousands of pounds from their offer price for a poor energy efficiency rating and a further 23% would reduce their offer by hundreds of pounds. That’s a whopping 59%, ready to reduce their offer to you if your property is badly insulated.

In fact 16% of respondents said they would withdraw an offer altogether if the property had a poor energy efficiency rating, and that is the same percentage as those who would withdraw if they found out that someone had died in the property.

The table above does make interesting reading.  Many of the issues mentioned here are beyond your control.  You certainly can’t do much about the embarrassing street name or living next door to a cemetery.  What you can do something about is improving your home’s energy efficiency.  And with Energy Performance Certificates being a mandatory requirement of every sale, you can’t even hide your lack of energy saving home improvements.

Don’t despair.  There are many sensible, easy and reasonably cheap things that you can do to start improving your home in this way.  Firstly look at the obvious, is energy (and heat) being wasted.  Start with draught proofing, check your loft insulation and find out about cavity wall insulation (if you have cavities).  Check that valuable heated air isn’t escaping up old chimneys (you can block these with chimney balloons), switch older lighting for LEDs. Once you have done these simple things you can begin to look at the more expensive options, but if you are selling you may need to weigh up the cost of the measures with the additional benefit on the salability and that, as I said above, is a difficult one to call.

Survey demographics

Total respondents: 1084

Gender: Male = 528; female = 556.

Age: 18-24 = 126; 25-34 = 188; 35-44 = 178; 45-54 = 193; 55-64 = 156;  65+ = 243.

Location: Scotland = 91; North East =44; North West = 121; Yorkshire and Humberside = 89; West Midlands = 95; East Midlands = 78; Wales = 54; Eastern = 102; London = 139; South East = 147; South West = 93; Northern Ireland = 32.

Social grade: AB = 292;  C1 = 292; C2 = 236; DE = 264.

Home ownership: Owned outright without mortgage = 357; Owned with a mortgage or loan = 335; Rented from the council = 160; Rented from a housing association = 78; Rented from someone else = 141; Rent free = 13.

 

More information about Energy Saving and Renewable Energy on YouGen

Find an installer.

Need help with any Jargon?

If you have a question about anything in the above blog, please ask it in the comments section below.

Like this blog? Keep up to date with our free monthly newsletter

Comments

9 comments - read them below or add one

dale

daleComment left on: 17 October 2020 at 2:48 am

Love to look at your blog! A commitment of gratefulness is all together for posting some immense post. By... get likes

report abuse

igfollowers

igfollowersComment left on: 16 October 2020 at 7:17 am

  Magnificent and much Great. You are productive considering the way that you share all the Knowledge you know with others. you can also visit to instagram followers and keep it up!

report abuse

karlnwilson

karlnwilsonComment left on: 11 October 2020 at 3:56 pm

One of the latest games that has come onto the market is buy tiktok likes. It comes in the form of a free game and it's been getting some good reviews. You play as a character who has to make decisions on how to deal with the people you meet. For each person you meet, you get a vote.

 

report abuse

karlnwilson

karlnwilsonComment left on: 11 October 2020 at 3:55 pm

IGFollowers allows you to buy instgram followers uk at individual packages of 100, 500, 1000, or even at a custom price. The main reason why you should purchase followers from this site is that you can go through with a custom package for as little as $100.

 

report abuse

karlnwilson

karlnwilsonComment left on: 11 October 2020 at 3:48 pm

Once you have created your account, you can now use Kicksta to buy instagram followers au. You can either add your website address as an autoresponder or add it to your personal settings, which will make your autoresponder appear more professional. This can also be a very good strategy when trying to sell products on an account that does not have a built-in autoresponder like with some social networking accounts.

 

report abuse

followersaustralia

followersaustraliaComment left on: 5 September 2020 at 12:05 pm

of Program partners to deliver energy efficiency initiatives for low-income ... Program reach and impact can be increased by building on existing partnership strengths. This ... as the rebound effect and future energy price rises could impact these findings, although additional data ... challenges to scalability. by epicfollowersuk

report abuse

followersaustralia

followersaustraliaComment left on: 5 September 2020 at 12:05 pm

- For an average home in the country, improving its EPC (Energy ... It indicates that energy efficiency is now a key factor influencing the sale price of ... UK we are seeing that there is a new factor dictating a home's saleability. by followers italy

report abuse

followersaustralia

followersaustraliaComment left on: 5 September 2020 at 11:58 am

An energy-efficient home is great for the environment and your hip pocket. ... The building products that you select could affect the build quality and comfort level ... by followers australia

 

report abuse

dafolyj

dafolyjComment left on: 26 August 2020 at 6:37 am

I found this information useful and also very informative but I didn’t understand it completely. Like me, therrre must be others who find some problem you can get essay writing service reddit and a better way to understand it.

report abuse

Leave a comment

You must log in to make a comment. If you haven't already registered, please sign up as a company or an individual, then come back and have your say.