EPC rating and sold prices in NE15 (Newcastle upon Tyne)
In postcode district NE15 (Newcastle upon Tyne), homes rated EPC C or better sold for 25% more per square metre than D–G homes (median £1,981 vs £1,590, 5,425 sales). Like for like — same size, type, build period and year — the difference is −1.6% (95% range −3.7% to +0.4%): the EPC band itself is not reflected in sale prices here. 0 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 87 m² against 85 m² for D–G; the most common build period is 2012 onwards for C+ and 1930–1949 for D–G; 66% of C+ and 57% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +25% | — |
| Whole price, nothing held equal | +29.0% | +25.8% to +32.4% |
| Same floor area | +23.2% | +20.8% to +25.6% |
| + same property type | +17.7% | +15.7% to +19.7% |
| + same build period | +1.7% | −0.5% to +3.9% |
| + same year of sale | −1.6% | −3.7% to +0.4% |
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 NE15
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| NE15 0 | 268 | +3% | +5.1% | −1.0% to +11.7% |
| NE15 6 | 1,150 | +46% | −2.1% | −6.7% to +2.8% |
| NE15 7 | 1,421 | +14% | +1.7% | −1.1% to +4.6% |
| NE15 8 | 1,162 | +19% | +1.4% | −2.4% to +5.3% |
| NE15 9 | 1,424 | +57% | +1.8% | −2.4% to +6.1% |
▲ 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 NE15
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 54 | £2,208 |
| B | 1,576 | £2,237 |
| C | 1,236 | £1,689 |
| D | 2,065 | £1,605 |
| E | 407 | £1,541 |
| F | 81 | £1,484 |
| G | 6 | 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.