EPC rating and sold prices in LE2 (Leicester)
In postcode district LE2 (Leicester), homes rated EPC C or better sold for 9% more per square metre than D–G homes (median £2,721 vs £2,500, 12,779 sales). Like for like — same size, type, build period and year — the difference is −0.7% (95% range −1.9% to +0.5%): the EPC band itself is not reflected in sale prices here. 2 of 8 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 86 m² for D–G; the most common build period is 2012 onwards for C+ and 1930–1949 for D–G; 55% of C+ and 59% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +9% | — |
| Whole price, nothing held equal | +5.5% | +3.4% to +7.7% |
| Same floor area | +9.4% | +8.1% to +10.8% |
| + same property type | +9.8% | +8.6% to +11.0% |
| + same build period | +6.8% | +5.4% to +8.4% |
| + same year of sale | −0.7% | −1.9% 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 LE2
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| LE2 0 | 312 | +19% | too few | — |
| LE2 1 | 1,240 | +12% | +5.3% | −0.2% to +11.1% |
| LE2 2 | 948 | +28% | +1.6% | −2.7% to +6.1% |
| LE2 3 | 1,547 | +1% | +0.9% | −2.1% to +4.0% |
| LE2 4 | 1,727 | +12% | +2.6% ▲ | +0.4% to +4.8% |
| LE2 5 | 1,201 | 0% | +2.8% ▲ | +0.3% to +5.3% |
| LE2 6 | 1,498 | +5% | −1.6% | −5.0% to +1.9% |
| LE2 7 | 646 | +29% | too few | — |
| LE2 8 | 1,841 | +20% | +1.0% | −1.8% to +3.8% |
| LE2 9 | 1,819 | +7% | −1.3% | −3.3% to +0.7% |
▲ 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 LE2
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 23 | £3,933 |
| B | 1,012 | £3,277 |
| C | 2,600 | £2,590 |
| D | 5,891 | £2,600 |
| E | 2,689 | £2,343 |
| F | 485 | £2,172 |
| G | 79 | £1,988 |
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.