EPC rating and sold prices in NE2 (Newcastle upon Tyne)
In postcode district NE2 (Newcastle upon Tyne), homes rated EPC C or better sold for 5% more per square metre than D–G homes (median £2,752 vs £2,615, 2,911 sales). Like for like — same size, type, build period and year — the difference is +1.0% (95% range −1.3% to +3.4%): the EPC band itself is not reflected in sale prices here. 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 75 m² against 101 m² for D–G; both groups are most often built in 1900–1929; 11% of C+ and 15% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +5% | — |
| Whole price, nothing held equal | −16.2% | −20.2% to −12.0% |
| Same floor area | +5.7% | +3.3% to +8.1% |
| + same property type | +6.1% | +3.8% to +8.5% |
| + same build period | +4.2% | +1.8% to +6.7% |
| + same year of sale | +1.0% | −1.3% to +3.4% |
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 NE2
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| NE2 1 | 892 | −1% | +1.6% | −2.4% to +5.7% |
| NE2 2 | 763 | +8% | +3.9% | −0.2% to +8.3% |
| NE2 3 | 925 | +17% | +5.0% ▲ | +1.4% to +8.7% |
| NE2 4 | 331 | +3% | +2.3% | −3.7% to +8.8% |
▲ 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 NE2
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| B | 80 | £3,491 |
| C | 840 | £2,697 |
| D | 1,429 | £2,642 |
| E | 481 | £2,584 |
| F | 76 | £2,585 |
| G | 5 | 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.