EPC rating and sold prices in LE5 (Leicester)
In postcode district LE5 (Leicester), homes rated EPC C or better sold for 0% less per square metre than D–G homes (median £2,404 vs £2,414, 7,992 sales). Like for like — same size, type, build period and year — the difference is +0.9% (95% range −0.5% to +2.3%): the EPC band itself is not reflected in sale prices here. 3 of 6 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 93 m² against 85 m² for D–G; the most common build period is 2012 onwards for C+ and 1930–1949 for D–G; 62% of C+ and 54% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | 0% | — |
| Whole price, nothing held equal | +9.3% | +7.2% to +11.5% |
| Same floor area | +2.2% | +0.8% to +3.6% |
| + same property type | +2.3% | +1.0% to +3.6% |
| + same build period | +6.9% | +4.9% to +9.0% |
| + same year of sale | +0.9% | −0.5% to +2.3% |
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 LE5
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| LE5 0 | 928 | +7% | +6.7% ▲ | +1.4% to +12.4% |
| LE5 1 | 2,555 | 0% | +1.0% | −1.4% to +3.6% |
| LE5 2 | 1,204 | 0% | +3.3% ▲ | +0.7% to +6.1% |
| LE5 3 | 536 | −12% | too few | — |
| LE5 4 | 880 | −6% | +4.9% ▲ | +0.9% to +9.0% |
| LE5 5 | 976 | −2% | −2.5% | −8.0% to +3.3% |
| LE5 6 | 913 | −10% | −2.6% | −5.6% to +0.6% |
▲ 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 LE5
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 213 | £2,351 |
| B | 1,033 | £2,375 |
| C | 1,886 | £2,471 |
| D | 3,206 | £2,502 |
| E | 1,333 | £2,256 |
| F | 254 | £2,206 |
| G | 67 | £2,039 |
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.