EPC rating and sold prices in DY3 (Dudley)
In postcode district DY3 (Dudley), homes rated EPC C or better sold for 7% more per square metre than D–G homes (median £2,478 vs £2,313, 4,994 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 3.3% less (95% range −4.8% to −1.8%). 1 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 82 m² against 84 m² for D–G; both groups are most often built in 1950–1966; 64% of C+ and 73% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +7% | — |
| Whole price, nothing held equal | +5.1% | +2.5% to +7.9% |
| Same floor area | +5.9% | +3.9% to +7.9% |
| + same property type | +10.4% | +8.6% to +12.3% |
| + same build period | +3.2% | +1.0% to +5.3% |
| + same year of sale | −3.3% | −4.8% to −1.8% |
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 DY3
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| DY3 1 | 1,289 | +7% | −2.3% | −5.0% to +0.6% |
| DY3 2 | 1,698 | +9% | +1.9% | −0.4% to +4.3% |
| DY3 3 | 1,499 | 0% | −2.8% ▼ | −5.2% to −0.4% |
| DY3 4 | 508 | −5% | −4.4% | −9.6% to +1.0% |
▲ 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 DY3
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 6 | too few |
| B | 477 | £2,647 |
| C | 1,413 | £2,396 |
| D | 2,364 | £2,391 |
| E | 615 | £2,107 |
| F | 98 | £1,954 |
| G | 21 | £1,494 |
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.