Making energy saving improvements
to your property could increase its value by 14 per cent on average - and up to
38 per cent in some parts of England - new research released today by the
Department of Energy and Climate Change (DECC) reveals.
For an average home in the
country, improving its EPC (Energy Performance Certificate) from band G to E,
or from band D to B, could mean adding more than £16,000 to the sale price of
the property. In the North East, improved energy efficiency from band G to E
could increase this value by over £25,000 and the average home in the North
West could see £23,000 added to its value.
The report, which took into
account over 300,000 property sales in England between 1995 and 2011, is the
most comprehensive research in this area to date. It indicates that energy
efficiency is now a key factor influencing the sale price of most residential
dwellings in England.
Energy and Climate Change
Minister Greg Barker said:
“We have long known the benefits
of making energy saving improvements to the home, but this study is real
evidence of the huge potential rewards. Not only can energy efficient
improvements help protect you against rising energy prices, but they can also
add real value to your property. This Coalition is committed to helping hardworking
families with the cost of living."
It would appear that there are now even more reasons to follow what the neighbours are doing and find out more about what you can do in your home to 1) mitigate climate change 2) save money on energy bills 3) Add value to your home. Get in touch and see how Caplor can help in this win-win process.
Read the press notice and report in full