Implementing measures recommended in an Energy Performance Certificate (EPC) could boost the sales price of a property for a vendor, the Property Energy Professionals Association (PEPA) has claimed.
The trade body has highlighted research by Nationwide that found properties with A or B ratings will attract a value some 5.2% greater than those with F and G ratings.
PEPA claims that with average properties valued at £280,000, that could mean an extra £14,500 on a sale price.
A more energy efficient home will also reduce a homeowner’s electricity and gas bills which could also be appealing to a buyer, PEPA said.
Andrew Parkin, PEPA Chairman, says: “With property and energy prices continuing to rise and with increased global focus on energy efficiency and carbon emission reductions, the value of improving energy efficiency in properties is only likely to increase.
“It makes sense for homeowners to invest in an EPC now to find out what opportunities there may be to enhance the value of their property and reduce energy bills without waiting for the time when they may wish to sell.”