The survey reveals that 66% of future homebuyers prioritise houses with green installations for energy efficiency and reduced carbon emissions.
Data from Rightmove indicates that enhancing a property’s EPC rating from F to C can boost its value by 15%. This means homeowners can save on bills and profit from their eco-friendly investments upon resale.
Improving from an F to a C rating could increase the value of a three-bedroom semi-detached house by up to £44,672, based on Rightmove’s current average asking price of £297,811 for such properties.
Despite 60% of homes listed on Rightmove having EPC ratings of D or lower, homeowners are motivated to improve their property’s rating. About 83% are willing to invest in green upgrades, with a quarter ready to spend over £5,000.
OVO’s data shows that more than a third of potential buyers prefer homes with eco-friendly features like solar panels, triple-glazed windows, and roof insulation.
Rightmove Director of Property Science, Tim Bannister, said about energy efficiency: “We’re still in the early stages of the journey towards greener homes, but the data and insights we have been collecting over the last few years have been encouraging. One of the trends that has been emerging is that sellers who have improved the energy efficiency of their homes can command a premium when the time comes to move. It’s going to be a really important year for innovations and the sharing of evidence-based data insights in this space.”
