EPC rating and sold prices in SG2 (Stevenage)
In postcode district SG2 (Stevenage), homes rated EPC C or better sold for 6% more per square metre than D–G homes (median £3,864 vs £3,656, 5,993 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 0.9% more (95% range +0.1% to +1.7%). 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 84 m² against 85 m² for D–G; both groups are most often built in 1950–1966; 33% of C+ and 35% 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 | +3.6% | +1.6% to +5.5% |
| Same floor area | +4.1% | +2.9% to +5.3% |
| + same property type | +6.8% | +5.8% to +7.8% |
| + same build period | +4.7% | +3.7% to +5.8% |
| + same year of sale | +0.9% | +0.1% 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 SG2
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| SG2 0 | 1,244 | +10% | +1.5% | 0.0% to +3.0% |
| SG2 7 | 1,252 | +6% | +0.7% | −1.2% to +2.6% |
| SG2 8 | 1,734 | +5% | +2.9% ▲ | +1.4% to +4.3% |
| SG2 9 | 1,763 | +5% | +1.5% ▲ | +0.3% to +2.8% |
▲ 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 SG2
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 4 | too few |
| B | 350 | £4,081 |
| C | 2,139 | £3,824 |
| D | 2,919 | £3,696 |
| E | 515 | £3,448 |
| F | 59 | £3,667 |
| G | 7 | too few |
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.