EPC rating and sold prices in CW12 (Cheshire East)
In postcode district CW12 (Cheshire East), homes rated EPC C or better sold for 14% more per square metre than D–G homes (median £2,747 vs £2,400, 7,687 sales). Like for like — same size, type, build period and year — the difference is 0.0% (95% range −1.7% to +1.7%): the EPC band itself is not reflected in sale prices here. 2 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 103 m² against 85 m² for D–G; the most common build period is 2012 onwards for C+ and 1967–1975 for D–G; 77% of C+ and 74% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +14% | — |
| Whole price, nothing held equal | +24.4% | +21.7% to +27.2% |
| Same floor area | +11.7% | +10.1% to +13.3% |
| + same property type | +11.4% | +9.9% to +12.8% |
| + same build period | +3.7% | +1.7% to +5.8% |
| + same year of sale | 0.0% | −1.7% to +1.7% |
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 CW12
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| CW12 1 | 1,109 | +31% | +10.6% ▲ | +6.7% to +14.6% |
| CW12 2 | 1,580 | +14% | −5.5% ▼ | −10.0% to −0.8% |
| CW12 3 | 1,848 | +5% | +2.2% | −1.0% to +5.6% |
| CW12 4 | 3,150 | +14% | −2.0% | −4.1% 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 CW12
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 121 | £3,333 |
| B | 2,660 | £2,845 |
| C | 1,484 | £2,445 |
| D | 2,640 | £2,439 |
| E | 608 | £2,234 |
| F | 140 | £2,343 |
| G | 34 | £2,526 |
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.