EPC rating and sold prices in NP7 (Monmouthshire)
In postcode district NP7 (Monmouthshire), homes rated EPC C or better sold for 8% more per square metre than D–G homes (median £2,817 vs £2,600, 4,342 sales). Like for like — same size, type, build period and year — the difference is −0.4% (95% range −2.3% to +1.5%): 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 93 m² against 96 m² for D–G; the most common build period is 2012 onwards for C+ and before 1900 for D–G; 66% of C+ and 71% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +8% | — |
| Whole price, nothing held equal | +4.4% | +1.7% to +7.1% |
| Same floor area | +7.9% | +6.0% to +9.8% |
| + same property type | +7.6% | +5.8% to +9.3% |
| + same build period | +5.3% | +2.8% to +7.8% |
| + same year of sale | −0.4% | −2.3% to +1.5% |
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 NP7
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| NP7 0 | 702 | 0% | −1.4% | −5.9% to +3.3% |
| NP7 5 | 1,117 | +17% | +1.7% | −1.7% to +5.3% |
| NP7 6 | 821 | +15% | −0.3% | −3.7% to +3.3% |
| NP7 7 | 473 | +14% | +0.4% | −4.7% to +5.9% |
| NP7 8 | 304 | −10% | too few | — |
| NP7 9 | 925 | +4% | +2.9% | −0.4% to +6.4% |
▲ 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 NP7
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 1 | too few |
| B | 824 | £2,825 |
| C | 1,016 | £2,807 |
| D | 1,591 | £2,639 |
| E | 643 | £2,522 |
| F | 204 | £2,551 |
| G | 63 | £2,765 |
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.