EPC rating and sold prices in LE3 (Leicester)
In postcode district LE3 (Leicester), homes rated EPC C or better sold for 17% more per square metre than D–G homes (median £2,571 vs £2,190, 12,395 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 1.3% more (95% range +0.3% to +2.2%). 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 83 m² for D–G; the most common build period is 2012 onwards for C+ and 1930–1949 for D–G; 67% of C+ and 61% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +17% | — |
| Whole price, nothing held equal | +17.8% | +15.9% to +19.7% |
| Same floor area | +16.0% | +14.6% to +17.3% |
| + same property type | +13.8% | +12.7% to +15.0% |
| + same build period | +8.6% | +7.2% to +10.0% |
| + same year of sale | +1.3% | +0.3% to +2.2% |
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 LE3
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| LE3 0 | 1,306 | +8% | −0.8% | −4.3% to +2.9% |
| LE3 1 | 923 | +26% | +0.3% | −3.1% to +3.8% |
| LE3 2 | 1,947 | +4% | +1.7% | −0.4% to +3.8% |
| LE3 3 | 2,581 | +5% | +3.1% ▲ | +1.6% to +4.7% |
| LE3 5 | 707 | +67% | +3.3% | −2.1% to +9.0% |
| LE3 6 | 1,396 | +11% | +2.3% | −0.2% to +5.0% |
| LE3 8 | 1,962 | +4% | +2.3% ▲ | +0.5% to +4.2% |
| LE3 9 | 1,573 | +18% | +0.4% | −2.1% to +3.0% |
▲ 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 LE3
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 21 | £2,609 |
| B | 887 | £2,662 |
| C | 2,659 | £2,515 |
| D | 6,190 | £2,308 |
| E | 2,201 | £1,962 |
| F | 367 | £1,824 |
| G | 70 | £1,612 |
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.