Energy efficiency and residential values: a changing European landscape

Publisher:
Royal Institution of Chartered Surveyors
Publication Type:
Report
Citation:
2019, pp. 1 - 35 (35)
Issue Date:
2019-03-06
Metrics:
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The aim of this insight paper is to provide valuers and other interested stakeholders with an overview of the impact of energy efficiency on the value of residential property in Europe, whether that housing stock is owner-occupied, rented within the private sector or social housing. It considers the role of the valuer and how, through their data collection and reporting processes, they can play a part in promoting a more energy efficient housing stock. To achieve these aims, it reviews the context within which energy efficiency is rising up the European regulatory agenda and the impact that this is having on value drivers. Through a review of academic literature and consideration of the wider context, it provides a set of recommendations for valuers of residential properties to assist them with considering how energy efficiency is beginning to influence property values. This understanding can then enhance their advice to clients
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