EPC rating and sold prices in E1W (Tower Hamlets)
In postcode district E1W (Tower Hamlets), homes rated EPC C or better sold for 32% more per square metre than D–G homes (median £10,611 vs £8,065, 2,352 sales). Like for like — same size, type, build period and year — the difference is −2.4% (95% range −5.4% to +0.7%): the EPC band itself is not reflected in sale prices here. 1 of 3 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 74 m² against 70 m² for D–G; the most common build period is 2012 onwards for C+ and 1983–1990 for D–G; 0% of C+ and 1% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +32% | — |
| Whole price, nothing held equal | +28.5% | +22.9% to +34.4% |
| Same floor area | +27.0% | +23.4% to +30.8% |
| + same property type | +26.7% | +23.0% to +30.5% |
| + same build period | −1.8% | −4.7% to +1.2% |
| + same year of sale | −2.4% | −5.4% to +0.7% |
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 E1W
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| E1W 1 | 335 | +15% | +2.4% | −3.9% to +9.1% |
| E1W 2 | 1,339 | +63% | −7.9% ▼ | −11.9% to −3.8% |
| E1W 3 | 678 | +6% | +0.3% | −4.1% to +5.0% |
▲ 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 E1W
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| B | 967 | £14,459 |
| C | 832 | £8,480 |
| D | 410 | £8,010 |
| E | 122 | £8,217 |
| F | 18 | £8,881 |
| G | 3 | too few |
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.