The latest report published by the Home Builders Federation (HBF), found that buyers of new build houses* save an average of £2,200 in energy bills compared with typical older properties.
The HBF report analysed Energy Performance Certificate (EPC) data from the Ministry of Housing, Communities and Local Governments, to reveal the potential energy bill cost savings of new build homes versus existing properties.
Analysis found that the annual energy bill of the average new-build house is 64% more energy efficient, saving homeowners up to £183 a month in energy bills. That’s a saving of £2,207 a year!
The report also found that new build homes are increasingly more energy efficient with 85% of new builds achieving an A or B EPC rating compared to less than 5% of older properties.
Previous research commissioned by HBF found that consumers are increasingly prioritising energy efficiency when considering a house move, stating that lower utility bills and running costs, due to increased energy efficiency, would encourage them to buy a new home.
Darren Farnan, Marketing Manager, Braidwater Group, reinforced the benefit of a new build, adding that saving energy was of the utmost importance, stating:
‘100% feedback from our customers confirm that energy efficiency is of the highest importance and Braidwater Group homes meet that criteria.
‘With our modular construction techniques and heating systems, our homes are easy to heat and highly energy-efficient. No doubt home owners will gain from purchasing a Braidwater Group home, as opposed to an older property.’
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* report findings from England