EPC rating and sold prices in NW4 (Barnet)
In postcode district NW4 (Barnet), homes rated EPC C or better sold for 1% less per square metre than D–G homes (median £5,867 vs £5,952, 2,430 sales). Like for like — same size, type, build period and year — the difference is −0.6% (95% range −2.8% to +1.7%): the EPC band itself is not reflected in sale prices here. 0 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 78 m² against 105 m² for D–G; both groups are most often built in 1930–1949; 14% of C+ and 52% 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 | −24.0% | −27.3% to −20.6% |
| Same floor area | −2.6% | −4.6% to −0.6% |
| + same property type | +4.9% | +2.7% to +7.2% |
| + same build period | +0.4% | −1.8% to +2.7% |
| + same year of sale | −0.6% | −2.8% to +1.7% |
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 NW4
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| NW4 1 | 749 | 0% | +0.8% | −2.6% to +4.3% |
| NW4 2 | 564 | 0% | −3.8% | −7.9% to +0.5% |
| NW4 3 | 490 | −4% | +1.3% | −3.8% to +6.7% |
| NW4 4 | 627 | −1% | +0.7% | −4.0% to +5.5% |
▲ 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 NW4
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| B | 167 | £6,566 |
| C | 775 | £5,738 |
| D | 1,030 | £5,864 |
| E | 383 | £6,148 |
| F | 60 | £6,185 |
| G | 15 | £6,047 |
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.