Latest research from housebuilder Redrow suggests that homebuyers choosing a brand new home over a modernised Victorian property could save up to £1,300 every year on their energy bills.
Redrow has calculated energy-use and costs for three of its house styles: a four-bedroom detached home, a three-bedroom semi and a three-bedroom mid-terrace property. It then compared costs to those for equivalent-sized Victorian homes with modern day improvements*.
Results showed that a new four-bedroom home could save bill payers around £1,299 a year, while savings in a three-bedroom semi are around £915 and a three-bedroom terrace in the region of £709.
Based on these figures, energy cost savings on a four-bedroom home for example would add an extra £108 to the family purse every month. This could make for a welcome contribution to the mortgage payment or other household bills, it could buy around two tanks of fuel a month or could all add up to an extra family holiday every year.***
Rob Macdiarmid, Group sustainability director for Redrow Homes, said: “This kind of saving could make a huge difference when it comes to family budgeting. Our homes are packed with features designed to minimise energy use and maximise efficiency with high quality insulation, double glazing, low-energy boilers and ventilation systems, as well as energy efficient lighting, included as standard in all our properties.
“Energy prices are never far from the headlines and environmental considerations are increasingly high on most homebuyers’ agenda so a brand new home ticks lots of the boxes not associated with the purchase of an older property. In fact, we recently surveyed prospective new homebuyers and they told us that lower energy bills were actually more important to them than a garden, parking space, amenities, external appeal/design of home, and fittings and appliances.
In addition, 63% said they wanted to purchase a more environmentally friendly home, while 82% said they were willing to pay more for one, proving their appeal.
For more information on Redrow visit www.redrow.co.uk.
* Indicative costs calculated by the Zero Carbon Hub
** Indicative costs calculated using Redrow house types modelled in Stroma FSAP (SAP2012)
*** Average prices from www.numbeo.com – Cost of Living Comparison.
Established more than 40 years, Redrow Homes is one of the UK’s leading house builders, with a £1billion turnover and building more than 4,000 homes in 2014/15 financial year.
Operating across England and Wales, there is a strong emphasis on providing high quality homes in prime locations and its housing ranges feature designs to suit all lifestyles:
• The Heritage Collection combines traditional looking, ‘Arts & Crafts’ influenced exteriors with bright, modern, high specification interiors.
• The classically styled Regent Collection features Georgian inspired street scenes and architecture.
• Redrow has also launched a new brand of contemporary homes in Abode, which boast open plan layouts with streamlined kitchen, dining and lounge areas, high specification wet rooms and outdoor living space.
Redrow also creates exclusive bespoke developments in both rural and urban locations. The company has won numerous awards over the years, including, most recently, the Gold Award for Best Large Housebuilder at the What House? Awards 2015 and 2014, Best House Design at the Sunday Times British Home Awards 2015 and the 2014 Building Awards Housebuilder of the Year. Its ‘My Redrow’ online tool won the overall Customer Engagement category at the 2013 Peer Awards for Excellence. Web: www.redrow.co.uk