EPC rating and sold prices in NE3 (Newcastle upon Tyne)
In postcode district NE3 (Newcastle upon Tyne), homes rated EPC C or better sold for 1% less per square metre than D–G homes (median £2,367 vs £2,384, 8,814 sales). Like for like — same size, type, build period and year — the difference is +0.5% (95% range −1.1% to +2.1%): the EPC band itself is not reflected in sale prices here. 2 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 89 m² against 95 m² for D–G; the most common build period is 1950–1966 for C+ and 1930–1949 for D–G; 43% of C+ and 47% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | −1% | — |
| Whole price, nothing held equal | −6.0% | −8.4% to −3.4% |
| Same floor area | +2.7% | +1.2% to +4.3% |
| + same property type | +2.4% | +0.9% to +3.9% |
| + same build period | +3.7% | +2.0% to +5.4% |
| + same year of sale | +0.5% | −1.1% to +2.1% |
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 NE3
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| NE3 1 | 1,869 | +12% | +4.5% ▲ | +1.2% to +8.0% |
| NE3 2 | 2,198 | +4% | +2.0% | −0.4% to +4.4% |
| NE3 3 | 1,565 | +4% | +3.2% | −0.5% to +7.1% |
| NE3 4 | 1,843 | +8% | −2.6% | −5.7% to +0.5% |
| NE3 5 | 1,339 | −9% | +4.9% ▲ | +2.2% to +7.7% |
▲ 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 NE3
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 6 | too few |
| B | 388 | £2,503 |
| C | 3,334 | £2,357 |
| D | 4,035 | £2,419 |
| E | 923 | £2,273 |
| F | 109 | £2,142 |
| G | 19 | £1,641 |
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.