EPC rating and sold prices in OX26 (Cherwell)
In postcode district OX26 (Cherwell), homes rated EPC C or better sold for 1% less per square metre than D–G homes (median £3,818 vs £3,841, 7,488 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 0.8% more (95% range 0.0% to +1.5%). 3 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 88 m² against 81 m² for D–G; the most common build period is 2012 onwards for C+ and 1983–1990 for D–G; 58% of C+ and 61% 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 | +10.8% | +9.0% to +12.6% |
| Same floor area | +2.3% | +1.3% to +3.2% |
| + same property type | +5.9% | +5.0% to +6.8% |
| + same build period | +3.1% | +2.2% to +4.1% |
| + same year of sale | +0.8% | 0.0% 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 OX26
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| OX26 1 | 1,967 | −6% | −8.3% ▼ | −14.3% to −1.9% |
| OX26 2 | 1,255 | +3% | +2.0% ▲ | +0.5% to +3.4% |
| OX26 3 | 1,269 | +2% | +1.9% ▲ | +0.5% to +3.3% |
| OX26 4 | 853 | +5% | +1.4% | −0.1% to +3.0% |
| OX26 5 | 270 | −2% | too few | — |
| OX26 6 | 1,874 | +2% | +0.2% | −1.3% to +1.8% |
▲ 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 OX26
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 117 | £4,045 |
| B | 2,114 | £3,634 |
| C | 2,812 | £3,964 |
| D | 2,051 | £3,861 |
| E | 308 | £3,729 |
| F | 74 | £3,721 |
| G | 12 | £4,217 |
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.