EPC rating and sold prices in WS3 (Walsall)
In postcode district WS3 (Walsall), homes rated EPC C or better sold for 13% more per square metre than D–G homes (median £2,217 vs £1,959, 6,445 sales). Like for like — same size, type, build period and year — the difference is −0.1% (95% range −1.7% to +1.4%): the EPC band itself is not reflected in sale prices here. 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 80 m² against 83 m² for D–G; the most common build period is 2012 onwards for C+ and 1950–1966 for D–G; 62% of C+ and 66% of D–G sales are detached or semi-detached houses.
| Comparing C+ with D–G homes… | Difference | 95% range |
|---|---|---|
| Raw gap per m² (medians) | +13% | — |
| Whole price, nothing held equal | +10.3% | +8.0% to +12.6% |
| Same floor area | +12.5% | +10.6% to +14.5% |
| + same property type | +13.8% | +12.2% to +15.5% |
| + same build period | +6.7% | +4.6% to +8.8% |
| + same year of sale | −0.1% | −1.7% to +1.4% |
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 WS3
| Sector | Sales | Raw gap | Like-for-like | 95% range |
|---|---|---|---|---|
| WS3 1 | 1,864 | +43% | +0.7% | −2.4% to +3.9% |
| WS3 2 | 1,316 | +22% | +4.7% ▲ | +1.8% to +7.6% |
| WS3 3 | 1,715 | +5% | −0.6% | −3.1% to +1.9% |
| WS3 4 | 1,321 | +4% | +2.1% | −0.6% to +4.8% |
| WS3 5 | 229 | +5% | +4.5% | −1.4% to +10.8% |
▲ 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 WS3
| EPC band (last certificate before sale) | Sales | Median £ per m² |
|---|---|---|
| A | 33 | £2,788 |
| B | 1,026 | £2,499 |
| C | 1,634 | £2,099 |
| D | 2,808 | £2,027 |
| E | 778 | £1,779 |
| F | 132 | £1,654 |
| G | 34 | £1,342 |
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.