EPC rating and sold prices in SW2 (Lambeth)
In postcode district SW2 (Lambeth), homes rated EPC C or better sold for 3% more per square metre than D–G homes (median £7,317 vs £7,124, 6,096 sales). Like for like — same size, type, build period and year — homes rated C or better sold for 2.9% more (95% range +1.6% to +4.3%). 1 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 64 m² against 82 m² for D–G; the most common build period is 2012 onwards for C+ and 1900–1929 for D–G; 3% of C+ and 11% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +3% | — |
| Whole price, nothing held equal | −19.3% | −21.1% to −17.5% |
| Same floor area | −2.8% | −4.1% to −1.4% |
| + same property type | −0.7% | −2.0% to +0.7% |
| + same build period | +3.4% | +2.0% to +4.7% |
| + same year of sale | +2.9% | +1.6% to +4.3% |
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 SW2
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| SW2 1 | 789 | −1% | +0.8% | −2.9% to +4.6% |
| SW2 2 | 1,130 | −3% | +3.2% ▲ | +0.1% to +6.4% |
| SW2 3 | 1,462 | +1% | −0.5% | −3.1% to +2.1% |
| SW2 4 | 1,527 | +1% | +1.8% | −0.9% to +4.6% |
| SW2 5 | 1,188 | +2% | +0.8% | −1.6% to +3.3% |
▲ 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 SW2
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 13 | £7,609 |
| B | 610 | £7,661 |
| C | 1,851 | £7,164 |
| D | 2,578 | £7,222 |
| E | 908 | £6,885 |
| F | 113 | £6,614 |
| G | 23 | £5,960 |
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.