EPC rating and sold prices in OL16 (Rochdale)
In postcode district OL16 (Rochdale), homes rated EPC C or better sold for 25% more per square metre than D–G homes (median £2,130 vs £1,709, 4,626 sales). Like for like — same size, type, build period and year — the difference is −1.3% (95% range −3.2% to +0.7%): 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 81 m² against 80 m² for D–G; the most common build period is 2012 onwards for C+ and 1900–1929 for D–G; 61% of C+ and 56% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +25% | — |
| Whole price, nothing held equal | +24.8% | +21.4% to +28.4% |
| Same floor area | +21.6% | +18.9% to +24.3% |
| + same property type | +16.1% | +13.8% to +18.4% |
| + same build period | +6.1% | +3.6% to +8.7% |
| + same year of sale | −1.3% | −3.2% to +0.7% |
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 OL16
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| OL16 1 | 42 | +53% | too few | — |
| OL16 2 | 774 | +32% | −2.3% | −7.1% to +2.7% |
| OL16 3 | 1,259 | +14% | +0.4% | −2.2% to +3.0% |
| OL16 4 | 2,083 | +21% | −1.4% | −4.1% to +1.3% |
| OL16 5 | 468 | +17% | +3.4% | −2.3% to +9.5% |
▲ 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 OL16
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 7 | too few |
| B | 697 | £2,225 |
| C | 1,363 | £1,992 |
| D | 1,942 | £1,758 |
| E | 511 | £1,592 |
| F | 82 | £1,292 |
| G | 24 | £941 |
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.