EPC rating and sold prices in E2 (Tower Hamlets)
In postcode district E2 (Tower Hamlets), homes rated EPC C or better sold for 2% more per square metre than D–G homes (median £8,036 vs £7,875, 3,816 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 2.4% less (95% range −4.2% to −0.5%). 2 of 5 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 67 m² against 71 m² for D–G; the most common build period is 2012 onwards for C+ and before 1900 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) | +2% | — |
| Whole price, nothing held equal | −5.8% | −8.4% to −3.1% |
| Same floor area | −2.2% | −4.1% to −0.2% |
| + same property type | +3.6% | +1.8% to +5.5% |
| + same build period | −1.5% | −3.3% to +0.4% |
| + same year of sale | −2.4% | −4.2% to −0.5% |
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 E2
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| E2 0 | 1,012 | +5% | −2.9% | −6.0% to +0.3% |
| E2 6 | 579 | −1% | −3.6% ▼ | −7.1% to 0.0% |
| E2 7 | 679 | −17% | −3.5% ▼ | −6.9% to 0.0% |
| E2 8 | 892 | +15% | +0.2% | −5.4% to +6.2% |
| E2 9 | 654 | +9% | +1.7% | −1.7% to +5.3% |
▲ 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 E2
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 7 | too few |
| B | 999 | £8,590 |
| C | 1,425 | £7,467 |
| D | 1,079 | £7,826 |
| E | 265 | £8,043 |
| F | 34 | £8,308 |
| G | 7 | 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.