EPC rating and sold prices in B11 (Birmingham)
In postcode district B11 (Birmingham), homes rated EPC C or better sold for 40% more per square metre than D–G homes (median £2,446 vs £1,744, 2,645 sales). Like for like — same size, type, build period and year — the difference is −1.4% (95% range −5.5% to +2.8%): the EPC band itself is not reflected in sale prices here. 0 of 1 sectors with enough sales show a difference distinguishable from zero. Data: HM Land Registry to 30 September 2026, EPC register.
From the raw gap to like-for-like
The homes are not alike: C+ homes here have a median floor area of 78 m² against 82 m² for D–G; the most common build period is 2012 onwards for C+ and 1900–1929 for D–G; 33% of C+ and 18% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +40% | — |
| Whole price, nothing held equal | +23.3% | +18.7% to +28.2% |
| Same floor area | +28.4% | +24.2% to +32.8% |
| + same property type | +23.6% | +19.5% to +27.9% |
| + same build period | +6.9% | +1.9% to +12.2% |
| + same year of sale | −1.4% | −5.5% to +2.8% |
The first row compares median prices per m²; the second compares whole prices; each later row adds one more thing that must be equal, ending with the like-for-like premium (regression of log price; build period from the certificate, 12 bands). The raw gap per m² and the whole-price gap differ because C+ and D–G homes differ in size.
Postcode sectors in B11
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| B11 1 | 367 | +22% | too few | — |
| B11 2 | 311 | −11% | too few | — |
| B11 3 | 1,474 | +41% | +0.3% | −4.6% to +5.5% |
| B11 4 | 493 | +20% | too few | — |
▲ green: premium distinguishable from zero; ▼ red: discount; plain: no measurable difference. Small areas have fewer sales, so their 95% ranges are wider.
Sold prices by EPC band in B11
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 2 | too few |
| B | 238 | £2,889 |
| C | 235 | £1,965 |
| D | 1,329 | £1,849 |
| E | 656 | £1,567 |
| F | 143 | £1,635 |
| G | 42 | £1,786 |
A median is shown when a band has at least 10 sales.
How this is calculated
- Every standard sale (HM Land Registry Price Paid, category A) since January 2015 is matched to the latest energy certificate of the same address (postcode + house number or name + flat) lodged from 10 years before to 3 months after the sale; sales with no certificate or an ambiguous match are left out. Across England and Wales 92% of sales match.
- Price per m² uses the certificate's total floor area (15–1,000 m²).
- Like-for-like premium: regression of the log of price on “C or better”, log floor area, property type, the certificate's build period and the year of sale. The 95% range shows how precise the estimate is; when it includes zero, the data cannot tell the premium apart from none.
Caveats
- The band is the one on the certificate before the sale; certificates are a median 0.8 years old at the sale, but a quarter are over 4 years old and some homes were improved since.
- Condition, garden, parking, views and the exact position within the sector are not known; a premium could hide in them, or they could hide one.
- Individual sales and addresses are not shown.