As reported in Business News Wales
A Report Proves that Energy Efficiency Improvements to a Home can Increase Value
Reported in March 2023
A cutting-edge report, supported by the Department for Business Energy and Industrial Strategy, confirms a direct correlation between energy efficiency improvements in homes and resale value.
The VALUER (Valuations and Lending Underwriting Energy Reduction) report, produced by energy tech company Sero, Monmouthshire Building Society, The Royal Institution of Chartered Surveyors (RICS) and Rightmove, also found that homebuyers were increasingly looking for ‘green’ features when searching for a new home. Highlighting a particular rise in searches for items like electric car charging points, solar panels, and heat pumps – suggesting that homebuyers are recognising the importance of these for future homes.
For advice or just simply to check your EPC to see what improvements can be made to increase the value of your home whilst also making it far more energy efficient please get in touch with the Surveying Cymru Team to find out more.
