EPC rating and sold prices in EX5 (East Devon)
In postcode district EX5 (East Devon), homes rated EPC C or better sold for 2% more per square metre than D–G homes (median £3,188 vs £3,136, 5,519 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 3.3% less (95% range −5.4% to −1.2%). 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 84 m² against 98 m² for D–G; the most common build period is 2012 onwards for C+ and before 1900 for D–G; 59% of C+ and 66% 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 | −15.4% | −17.4% to −13.4% |
| Same floor area | −2.7% | −4.1% to −1.3% |
| + same property type | −3.1% | −4.3% to −1.8% |
| + same build period | −0.8% | −3.2% to +1.6% |
| + same year of sale | −3.3% | −5.4% to −1.2% |
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 EX5
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| EX5 1 | 606 | −6% | +1.9% | −1.8% to +5.6% |
| EX5 2 | 649 | +4% | too few | — |
| EX5 3 | 259 | +13% | +9.1% ▲ | +3.3% to +15.3% |
| EX5 4 | 845 | 0% | −3.1% | −6.2% to +0.1% |
| EX5 5 | 442 | +7% | −2.8% | −7.6% to +2.3% |
▲ 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 EX5
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 34 | £4,183 |
| B | 2,783 | £3,181 |
| C | 819 | £3,206 |
| D | 1,079 | £3,161 |
| E | 524 | £3,183 |
| F | 227 | £2,982 |
| G | 53 | £2,919 |
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.