What are the most energy efficient towns and cities in the UK, and do you live in one of them? This blog will identify the areas that are most efficient.
Energy expenses have increased, as has been widely reported, and managing your finances to pay for the monthly increases can be stressful. To ensure you get the most out of your investment, you should ensure your property is wasting as little energy as possible.
On a scale of A to G, with A representing the maximum energy efficiency, EPCs are rated. Band C is the most common EPC percentage of buildings within each local authority. For that reason, this data has focused on band c to provide an accurate representation of housing efficiency. Only 40% of buildings on average in England and Wales have an EPC rating of band C or higher.
How much can your home's value increase?
The general trend in England and Wales was that the average cost of a home was higher in local authorities, with a higher percentage of EPCs at grade C and above. However, by how much? An average of property prices for the local authorities within these 10% intervals by dividing the EPC data into smaller segments. This resulted in determining how much your home’s worth may rise if its energy efficiency were to increase over time.
- A rise in home value of 20%-29% – 28.02%. If 20% to 29% of your home’s EPCs are grade C or higher, raising that number to 30% to 39% can practically double your home’s worth.
- There was a 17.04% increase in home value between 30% and 39%. Lower than 40% is still below the English and Welsh average. You may increase your home’s value by the equivalent of a little over £60,000 by boosting the proportion of EPCs that are grade C and higher.
- Home value increased by 40%–49% – 11.32%. Although 11% may not seem like much, with the value of homes rising, it could add £45,000 to the worth of your home.
- A home value increased by 50%-59% – 36.34%. The highest gain in the value of homes was from 50% to 59% to then over 60%. It’s crucial to remember that just two locations in England and Wales have 60% of their EPCs at grade C or above.
- A house’s average annual appreciation is 23.18%. Overall, you may potentially increase the value of your home by 23% by raising the proportion of EPCs at Grade C and higher by about 10%. Although improving this will require some expenditure, the long-term rewards might be enormous.
What town and city have the highest energy score?
- Knowsley, North West, ranked first with a 9.31 energy value score. Knowsley, part of the Liverpool city region, is at the top of our list with an EPC rate 12% higher than the national average. This, along with a fair housing price of £165k, creates the ideal balance.
- Salford, North West – energy value score of 8.79. Salford comes in second despite having a more significant proportion of EPCs at band C and above due to its higher house price. Salford and Knowsley are the two cities in the North West region with the most grade C and above EPCs, respectively.
- Halton, North West, has a 8.53 energy value score. Halton, continuing with our North West trend, comes in third. The Cheshire local government has cheap housing costs and a 6% higher-than-average rate of EPCs with grades C and above.
- Telford and Wrekin, West Midlands, scored 8.48 for energy value. With the most significant EPC percentage in its region, Telford and Wrekin, located in the West Midlands, is ranked fourth. Despite having a similar number of EPCs at grade C or above than Knowsley, homes cost just over £50,000 more.
- Torfaen, Wales, was 8.26. The number of homes with EPCs of grade C or higher in Torfaen, Wales, is 5% higher than the national average, and housing costs are also quite affordable. The Welsh local authority has an energy efficiency rating of 8.26, placing it comfortably in fifth place on our list.
Housing banding and their EPC
You might want to make the change if your local authority has a really low percentage of EPCs in band C and above. You can check your band if you do not know it on the government website. We determined the lowest average house price as a result.
- Burnley, North West, with an average home price of £110,890. Burnley, in Lancashire, receives the prize for having the cheapest housing because of its low average house price of around £110,000. With only 23% of EPCs at band C or higher, it does come with a price. Excellent for a low-cost home, but it might send your energy costs through the roof.
- The typical home price in County Durham, North East, is £122,818. County Durham in North East England comes in second with a very affordable housing price of over £120,000. The proportion of EPCs at band C and higher matching the national average makes it even more logical.
- Pendle, North West, has an average home price of £124,139. Third place goes to yet another Lancashire local government, although there are costs much like Burnley. Compared to other local authorities, Pendle has the lowest percentage of EPCs in band C and above—2% lower.
Most expensive house in the UK
- Kensington Chelsea, London Region; average home price: £1,451,567. It should be no surprise that London municipal governments dominate the most expensive housing. The average price of a home in Kensington Chelsea, which is the dearest, is £1.4 million. Despite being somewhat above average in terms of the number of EPCs above band C, this does not represent the best value for money.
- Westminster, London Region: The average home price there is £1,030,679. Westminster, where the average home cost exceeds £1 million, comes in second. However, the proportion of EPCs in band C and above is 11% higher than the norm, which marginally improves its value for money.
- Camden, in the London area, £868,105. With an average home price of £868k, Camden rounds out our top three, proving London dominates the highest house pricing. With a score of 48%, Camden also has a respectable amount of EPCs above band C. It does not, however, make up for the high cost of housing.
What towns have the highest energy efficiency?
It’s crucial to ensure you aren’t paying for any energy you aren’t utilising because energy costs are already growing. Your bills may increase more than necessary if there is a low percentage of EPCs at band C and above since more energy may be wasted. This list of local authorities in England and Wales with the most EPCs in band C or higher was created for that reason.
- Tower Hamlets are in band C or higher, with 73% of EPCs in the London regions. With an astoundingly high score of 73%, London’s Tower Hamlets takes the top spot in our top three. This is 10% more than second place and 33% higher than the average. A fantastic location if you want to maximise savings on your energy consumption. Although the average cost of a house in London is £480k, prices and efficiency could be far worse.
- 63% of EPCs in band C and higher are in the City of London and the London Region. The City of London is in second position with a score of 63%, which is excellent and is 23% higher than the average for England and Wales. The average cost of a house with this will be £750,000.
- North Northamptonshire in the East Midlands has 59% EPCs in band C or higher. North Northamptonshire, with a very high percentage, is the only local authority outside of London to rank in our top three. It also has an affordable housing price of more than £250,000, making this a fantastic neighbourhood for a middle/working class lifestyle.
What towns and cities have the lowest energy efficiency?
- North West, are in band C or higher—20% of EPCs in Pendle. Pendle in Lancashire has the least band C EPCs in England and Wales. Pendle is only 20% of the average, which is 40%. Although homes are inexpensive, there is probably a lot of energy wasted, which could increase your rates.
- Gwynedd, Wales, has 22% of EPCs in band C or higher. In Wales, Gwynedd has the lowest proportion of EPCs in band C or higher (14% less than the national average).
- Burnley, North West, has 33% EPCs in band C or higher. Our top three local authorities are all from Lancashire. Despite having the most affordable housing costs, Burnley’s low ratio of band C EPCs may cause your energy costs to increase.