EPC rating and sold prices in B98 (Redditch)
In postcode district B98 (Redditch), homes rated EPC C or better sold for 2% more per square metre than D–G homes (median £2,477 vs £2,428, 6,853 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 1.1% less (95% range −2.0% to −0.1%). 0 of 4 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 85 m² against 86 m² for D–G; both groups are most often built in 1967–1975; 51% of C+ and 59% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +2% | — |
| Whole price, nothing held equal | +1.6% | −0.3% to +3.5% |
| Same floor area | +3.3% | +1.7% to +4.8% |
| + same property type | +7.0% | +5.8% to +8.2% |
| + same build period | +4.9% | +3.6% to +6.1% |
| + same year of sale | −1.1% | −2.0% to −0.1% |
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 B98
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| B98 0 | 1,904 | 0% | −1.7% | −3.4% to 0.0% |
| B98 7 | 3,003 | +6% | +0.4% | −1.0% to +1.8% |
| B98 8 | 1,032 | +8% | −1.8% | −4.0% to +0.5% |
| B98 9 | 914 | −9% | −2.6% | −5.3% to +0.2% |
▲ 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 B98
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 14 | £2,959 |
| B | 657 | £2,674 |
| C | 2,460 | £2,406 |
| D | 3,095 | £2,500 |
| E | 521 | £2,087 |
| F | 84 | £2,358 |
| G | 22 | £1,872 |
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.