EPC rating and sold prices in RH1 (Reigate and Banstead)
In postcode district RH1 (Reigate and Banstead), homes rated EPC C or better sold for 6% less per square metre than D–G homes (median £4,390 vs £4,646, 8,349 sales). Like for like — same size, type, build period and year — the difference is +0.6% (95% range −0.4% to +1.7%): the EPC band itself is not reflected in sale prices here. 1 of 6 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 75 m² against 87 m² for D–G; the most common build period is 2012 onwards for C+ and 1900–1929 for D–G; 28% of C+ and 60% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | −6% | — |
| Whole price, nothing held equal | −17.0% | −18.7% to −15.2% |
| Same floor area | −8.9% | −9.9% to −7.8% |
| + same property type | +0.3% | −0.7% to +1.3% |
| + same build period | +2.5% | +1.3% to +3.7% |
| + same year of sale | +0.6% | −0.4% 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 RH1
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| RH1 1 | 1,052 | −4% | +0.3% | −3.8% to +4.5% |
| RH1 2 | 1,458 | −8% | +3.8% ▲ | +1.3% to +6.3% |
| RH1 3 | 1,255 | +3% | +1.1% | −1.2% to +3.5% |
| RH1 4 | 1,003 | −8% | +1.0% | −1.9% to +4.1% |
| RH1 5 | 1,240 | −2% | −1.1% | −3.4% to +1.3% |
| RH1 6 | 2,341 | −6% | +1.7% | −0.2% to +3.6% |
▲ 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 RH1
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 29 | £4,737 |
| B | 979 | £4,267 |
| C | 2,572 | £4,436 |
| D | 3,299 | £4,690 |
| E | 1,213 | £4,592 |
| F | 227 | £4,314 |
| G | 30 | £4,376 |
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.