EPC rating and sold prices in NG5 (Nottingham)
In postcode district NG5 (Nottingham), homes rated EPC C or better sold for 0% less per square metre than D–G homes (median £2,158 vs £2,162, 13,611 sales). Like for like — same size, type, build period and year — the difference is −0.4% (95% range −1.4% to +0.6%): the EPC band itself is not reflected in sale prices here. 4 of 9 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 79 m² against 83 m² for D–G; the most common build period is 2003–2006 for C+ and 1930–1949 for D–G; 49% of C+ and 72% 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 | −6.2% | −7.6% to −4.7% |
| Same floor area | −0.4% | −1.5% to +0.6% |
| + same property type | +6.6% | +5.5% to +7.7% |
| + same build period | +5.3% | +4.0% to +6.6% |
| + same year of sale | −0.4% | −1.4% to +0.6% |
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 NG5
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| NG5 1 | 1,567 | +5% | −2.5% | −6.0% to +1.0% |
| NG5 2 | 1,124 | +8% | +2.0% | −3.2% to +7.3% |
| NG5 3 | 920 | +4% | +0.4% | −4.1% to +5.1% |
| NG5 4 | 1,581 | −2% | +4.8% ▲ | +1.9% to +7.9% |
| NG5 5 | 2,034 | +1% | +2.2% ▲ | +0.5% to +3.9% |
| NG5 6 | 1,845 | +4% | +3.2% ▲ | +0.6% to +5.9% |
| NG5 7 | 1,315 | −2% | +2.6% ▲ | +0.2% to +5.1% |
| NG5 8 | 2,132 | +3% | −0.4% | −2.3% to +1.5% |
| NG5 9 | 1,093 | 0% | +0.1% | −2.5% to +2.8% |
▲ 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 NG5
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 21 | £1,860 |
| B | 799 | £2,192 |
| C | 3,758 | £2,150 |
| D | 6,071 | £2,238 |
| E | 2,451 | £2,041 |
| F | 445 | £1,887 |
| G | 66 | £1,652 |
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.