Engery Efficiency Pays

Date Published 11 April 2024

* Buyers are increasingly looking for more energy-efficient homes, with 39% of survey respondents noticing greater interest from buyers, an increase from 34% when the same question was asked last year.

* 43% stated that sellers were looking to attach a premium to homes that are more energy efficient and 37% said that higher energy-efficient homes were holding their value in the current market.

* Upgrading insulation, installing energy-efficient heating systems, and incorporating renewable energy sources like solar panels are increasingly popular.

* The Royal Institution of Chartered Surveyors (RICS) has launched a new Residential Retrofit Standard in response to demand for high-quality retrofit advice due to high energy prices and government net-zero targets.

Source:Dataloft, RICS Residential Property Monitor January 2024