Would you pay more for a home with a better EPC?

bmar71n

hello, i am a student doing my dissertation. I am researching whether on not people are aware of the benefits of a more energy efficient home and whether or not it makes them more desirable. I have a questionnaire, the link is below

I look forward to any comments you may have

many thanks

(i have had to repost this thread because a volunteer board guide has locked my previous thread, stating i to seek permission to post questionnaire which i have done so hopefully there mistake will not be repeated)

also thank you to all of those have replied to my previous thread, your comments are much appreciated

bmar71n

link for the questionnaire is:

docs.google.com/spreadsheet/viewform?formkey=dE83STZ0R25iNEZNR3hEZmNpdFh4UHc6M Q

many thanks

londonlydia

I've done your quiz, but noticed there's a spelling mistake in your quiz title (coast rather than cost). Thought I would let you know in case they will mark you down on it x

bmar71n

londonlydia wrote: »

I've done your quiz, but noticed there's a spelling mistake in your quiz title (coast rather than cost). Thought I would let you know in case they will mark you down on it x

thank you, just noticed my self and corrected it

pinkshoes

Here's the link:

https://docs.google.com/spreadsheet/viewform?formkey=dE83STZ0R25iNEZNR3hEZmNpdFh4UHc6M+Q

Comments:

Question: Would you use an EPC rating as a tool when negotiating a price for sale or rent

Yes for rent, but no for sale. Your survey needs to perhaps distinguish between the two.

My flat came out as category C for the EPC thingy, but I thought that seemed quite high given I rarely had the heating on due to having other flats both sides and below, with an insulated loft.

I have no idea how to directly correlate EPC and actual energy costs, so on that basis I wouldn't overly use it to negotiate.

bmar71n

pinkshoes wrote: »

Comments:

Question: Would you use an EPC rating as a tool when negotiating a price for sale or rent

Yes for rent, but no for sale. Your survey needs to perhaps distinguish between the two.

My flat came out as category C for the EPC thingy, but I thought that seemed quite high given I rarely had the heating on due to having other flats both sides and below, with an insulated loft.

I have no idea how to directly correlate EPC and actual energy costs, so on that basis I wouldn't overly use it to negotiate.

thank you for your feedback, it is appreciated

Itismehonest

I don't do surveys, sorry, but I will remark that it is horses for courses.
Anyone looking for period properties is unlikely to place much weight on EPCs as older, historic properties by their very nature are unable to score highly.

phoebe1989seb

We have always bought period properties - our current house is approximately 300 years old and we have previously owned Tudor, Victorian, Edwardian and 1920s houses - and we have never bothered with looking at EPCs So no, we wouldn't pay more for a property with a 'better' EPC as we would much rather have character and suffer any 'inconveniences' that might go hand-in-hand with this......

Questionnaire completed!

ognum

phoebe1989seb wrote: »

We have always bought period properties - our current house is approximately 300 years old and we have previously owned Tudor, Victorian, Edwardian and 1920s houses - and we have never bothered with looking at EPCs So no, we wouldn't pay more for a property with a 'better' EPC as we would much rather have character and suffer any 'inconveniences' that might go hand-in-hand with this......

Questionnaire completed!

I agree with this, most Victorian, edwardian houses that haven't had the guts pulled out of them will probably get low EPC and people know this when they buy.

if I was buying a new build I would look for something thermally efficient.

Gromitt

It depends - if they said the property had a potential of something like 38, then I'd be worried and would be wondering how and where on my viewing (unless I'm expecting it low, like victorian or some cottages). If it said the potential was 70 but its currently 40, then I wouldn't be that worried and would factor it into the price.

But sometimes I think EPCs are plucked out of thin air. I viewed a property with an EPC of 60, but the vendor had placed food wrapping (possibly cellophane) over some of the windows as apparently he didn't like drafts. Yes, the windows were double glazed, but they didn't fit correctly.

bmar71n

thank you for all the responses, they are much appreciated. Keep them coming