Energy Efficiency Tops Buyers’ Concerns

How energy efficiency has trumped good schools as house buyers’ main concerns

Energy efficiency home image by Andrey Popov (via Shutterstock).

Energy efficiency is now a deciding factor for many homeowners. Image by Andrey Popov (via Shutterstock).

When you bought your first property, what were the first things you thought about? Distance from work? Social life? Good schools? Idyllic location? Spacious gardens? Topping most homeowners’ concerns nowadays is energy efficiency. In other words, is the property energy efficient and, is the central heating cheap to run?

Energy efficiency has taken over from good schools and landline access, according to a survey by Gocompare Home Insurance. In the survey, it was stated that:

  • 69% of people rated central heating as their main priority whilst house hunting;
  • 68% of those surveyed wanted double glazing;
  • 65% of its participants wanted a garden;
  • 61% of homeowners favour secure doors and windows;
  • 54% of those surveyed wanted a driveway or a dedicated parking space with their property.

As well as energy efficiency, house hunters also wanted:

  • Plenty of electrical sockets (54%);
  • Good local shops and amenities (50%);
  • Fast and reliable broadband connections (49%);
  • Friendly neighbours (47%);
  • At least two toilets (46%);
  • A good energy efficiency rating (46%);
  • A brand new central heating system (45%).

Only 13% of participants said access to good local schools was a main factor. It is claimed by Matt Sanders from Gocompare Home Insurance that, “many potential buyers are prioritising efficiency, security and connectivity over aesthetic features.

“This suggests that modern buyers are buying with their heads rather than their hearts and that investing in things like a new boiler, additional electrical sockets or modernising your home’s insulation could be a smarter investment than traditional selling points such as period features or conservatories.”

We think this is a sensible development. Energy efficiency begins at home, whether you’re a landlord turning to us for an EPC or a homeowner.

EPC Yorkshire, 18 May 2017.

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