EPC rating and sold prices in PL23 (Cornwall)
In postcode district PL23 (Cornwall), homes rated EPC C or better sold for 17% less per square metre than D–G homes (median £3,198 vs £3,867, 889 sales). Like for like — same size, type, build period and year — the difference is −6.9% (95% range −15.2% to +2.1%): the EPC band itself is not reflected in sale prices here. 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 94 m² against 99 m² for D–G; the most common build period is 2012 onwards for C+ and before 1900 for D–G; 58% of C+ and 55% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | −17% | — |
| Whole price, nothing held equal | −14.9% | −21.7% to −7.4% |
| Same floor area | −15.1% | −19.9% to −10.1% |
| + same property type | −17.1% | −21.8% to −12.2% |
| + same build period | −5.2% | −14.2% to +4.8% |
| + same year of sale | −6.9% | −15.2% to +2.1% |
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 PL23
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| PL23 1 | 889 | −17% | too few | — |
▲ 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 PL23
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| B | 142 | £3,081 |
| C | 154 | £3,364 |
| D | 266 | £3,968 |
| E | 189 | £3,846 |
| F | 104 | £3,697 |
| G | 34 | £3,150 |
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.