Energy Efficiency Ranks Higher Than Good Schools For Homebuyers

Posted on: 9 June 2017

Energy Efficiency Ranks Higher than Good Schools for Homebuyers

A recent survey has found that energy efficiency, a parking space, security and good broadband are among the top essentials for home buyers in the UK.

According to the survey, conducted by comparison website Gocompare, efficient heating systems, double glazing, a garden and secure doors and windows were all considered essentials, with a good broadband connection ranking higher than a friendly neighbour.

British buyers want gardens rather than garages and a good reliable mobile phone signal as opposed to a landline phone connection. Surprisingly, a good school is no longer a top must have for the majority of first time buyers.

Overall, 69% said that a functioning, energy efficient central heating system was their top essential, followed by 68% who desired double glazing. 65% wanted a garden, 61% wanted safe and secure doors and 54% a driveway or a dedicated parking space.

The survey also found that 54% want plenty of electrical sockets, 50% want plenty of good local amenities, 49% a reliable internet connection, 47% a friendly neighbours, 46% at least two toilets, 46% a good energy efficiency rating and 45% a newly fitted central heating system.

Surprisingly, period features which are usually in high demand didn’t even register on the survey, registering an end to the period features craze. Another shock was that only 13% of those asked said access to a good local school was an essential factor in buying a new home.

 ‘We found that many potential buyers are prioritising efficiency, security and connectivity over aesthetic features. This suggests that modern buyers are buying with their heads rather than their hearts and that investing in things like a new boiler, additional electrical sockets or modernising your home’s insulation could be a smarter investment than traditional selling points such as period features or conservatories,’ said Matt Sanders from Gocompare Home Insurance.

‘It is surprising to see previous must-haves such as good schools and conservatories fail to make the top 20. However, our research shows that buyers are becoming more financially savvy and are willing to make compromises on the finer details of a property to keep costs down and avoid expensive work in the future,’ he added.

Rank

Top 20 ‘must-have’ property features

%

1

Central heating

69

2

Double glazing

68

3

A garden

65

4

Secure doors and windows

65

5

Driveway or dedicated parking space

61

6

Plenty of electric sockets

54

7

Local shops and amenities

50

8

A good reliable broadband connection

49

9

Friendly neighbours

47

10

At least 2 toilets

46

11

A bath

46

12

A good energy efficiency rating

46

13

A new boiler/central heating system

45

14

A reliable, clear mobile phone signal

44

15

A shower cubicle

40

16

A garage

39

17

Cavity wall insulation

38

18

A land line telephone

38

19

A living room big enough for a large, flat screen television

37

20

A dining room

35

Share:


Recent Articles

20 December 2024

How To Make Your Pets Look As Festive As Possible On Christmas Day

One fun way to involve your pets in the celebrations is to dress them up for Christmas Day. 1. Christmas Jumpers • Cosy Knits: Your dog or cat can stay warm and fashionable in a soft, light jumper with festive designs like reindeer or snowflakes, especially if they have short fur...

18 December 2024

Get A Festive Grip On Your Garden Pathways!

Ensuring your garden pathways are safe and not slippery over the festive season is crucial, especially when greeting visitors. Cold, damp, and icy weather can make outdoor surfaces hazardous, but a few easy precautions can help keep paths safe. Maintaining clean, well-lit, and grated...

17 December 2024

Buyers And Sellers, Act Now: Sales Surge Amid Stamp Duty Increase

  Stamp Duty Land Tax changes are coming into effect 1st April, and purchasing a new home before this date can save you thousands of pounds.   As we approach the April stamp duty deadline for England and Northern Ireland, there is no denying the bountiful...

Get an instant online valuation

Find out how much your property is worth