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Sellers warned over poor EPC performance

Published: 14/12/2007

Sellers warned over poor EPC performance

A poor energy efficiency rating could well prevent many homes from being sold for the maximum possible price, research from one consultancy firm suggests.

Hyder Consulting has found that almost half of all Britons would try and get a discount on a property if it was shown to have scored poorly on the new energy efficiency tests that are a key part of Home information packs (Hips).

The findings come as Hips are extended across the entire property market in England and Wales for the first time.

"While people's motivation for using energy efficiency reports as a basis for negotiating discounts on property prices may not be driven entirely by environmental concerns, the reality is that sellers will have to take note of their home's environmental performance, and do all they can to enhance this, if they want to command the maximum price for their properties," advised Chris Evans, director of environmental solutions from Hyder Consulting.

The study comes after research published earlier this year revealed that most current homes would indeed perform poorly in terms of energy efficiency grading.

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