EPC rating and sold prices in PO2 (Portsmouth)
In postcode district PO2 (Portsmouth), homes rated EPC C or better sold for 9% more per square metre than D–G homes (median £2,562 vs £2,356, 5,964 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 1.9% more (95% range +0.9% to +2.9%). 2 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 89 m² for D–G; both groups are most often built in 1900–1929; 7% of C+ and 12% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +9% | — |
| Whole price, nothing held equal | −3.7% | −5.7% to −1.7% |
| Same floor area | +4.3% | +2.7% to +5.9% |
| + same property type | +8.1% | +6.7% to +9.5% |
| + same build period | +6.2% | +4.9% to +7.6% |
| + same year of sale | +1.9% | +0.9% to +2.9% |
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 PO2
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| PO2 0 | 1,815 | +7% | +1.9% ▲ | +0.2% to +3.7% |
| PO2 7 | 1,667 | +6% | +1.5% | −0.1% to +3.1% |
| PO2 8 | 1,418 | +5% | +1.7% | −0.1% to +3.6% |
| PO2 9 | 1,064 | +19% | +3.8% ▲ | +1.6% to +6.1% |
▲ 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 PO2
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 1 | too few |
| B | 70 | £2,914 |
| C | 1,454 | £2,552 |
| D | 3,467 | £2,386 |
| E | 799 | £2,241 |
| F | 121 | £2,095 |
| G | 52 | £1,961 |
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.