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Property company County Homesearch has accused the Energy Performance Certificate (EPC) as being a "blunt instrument" having little influence on house prices following a survey of more than 1,000 of its properties.
The company stated that it has “not come across a single case where buyers have queried the energy performance of a home to negotiate a price.”
County Homesearch said that it had not encountered a “single transaction” that had driven down a house price across the company’s portfolio since the introduction of the practice in 2007.
Jonathan Haward, founder and chairman at The County Homesearch Company, said: “The EPC is a blunt instrument and has made no discernible difference to housing stock in the country.
“Buyers prioritise factors such as aesthetics, transport links and security over energy efficiency.”
EPCs were introduced as part of Home Information Packs for domestic properties with four or more bedrooms.
They are now a standard measurement of energy efficiency levels in all properties.
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