And demand looks bleak going forward
The number of RdSAP EPCs (residential) issued in May 2010 fell 24,692 (-14.69%) on May last year, according to the EPC database, whilst SAP EPCs fell by 2,107.
The decline in lodged EPCs comes despite a reported ‘surge of new sellers before the election’, according to Rightmove's House Price Index which recorded over 30,000 new listings in a week – the highest surge in two years.
Law of diminishing returns for EPC industry?
EPCs lodged in the previous month of April 2010 (151,009 EPCs) also fell against the same month last year (184,868) by 33,859.
Almost 4.5m EPCs have now been lodged against a total of around 22m homes – that’s about a fifth of homes in just three years (with caveats attached, obviously - duplication etc.)
Moreover, an EPC is now valid for 10 years, thanks to Grant Shapps, and there’s no sign he’s willing to strengthen its role in meeting the Govt’s commitment to reduce C02 any time soon.
Many industry folk believe compliance will plummet now that HIPs are dead. I tend to agree; particularly in view of impending drastic cuts in Public spending which will inevitably hit Trading Standards Officers in the short to mid-term.
It’s everyone for themselves now.
Reply #1 on : Thu June 10, 2010, 18:14:49
Reply #3 on : Sun August 29, 2010, 08:10:27
Reply #4 on : Fri December 17, 2010, 22:48:13