Do solar panels add value to these famous homes?
When selling your own home, it’s natural to want to get the best price you possibly can for it. From painting to upgrading the garden, there are lots of ways to increase value before the sale.
Government studies show that you can add as much as 14% to the value of your home by improving the EPC (Energy Performance Certificate) rating.
One of the ways to improve your EPC is by using renewable energy sources to power your home.
To get an idea of the value solar panels can add, we’ve found five famous homes and calculated how much their value would increase if they fitted a solar system.
The Dursley family home – Privet Drive
Harry Potter’s childhood home (complete with a cupboard under the stairs) may be a modest semi-detached in the suburbs, but adding a solar system has a massive impact on its value – magic!
Value before solar panels: £475,000
With a solar system fitted: £541,500
Value increase: £66,500
Buckingham Palace – home of The Queen
With 775 rooms to provide energy for, The Palace is the perfect candidate to make the switch to renewable energy. While we don’t think the Queen is looking to sell any time soon, we think solar panels on the roof would make this home fit for royalty.
Value before solar panels: £935,000,000
With a solar system fitted: £1,065,900,000
The Rovers Return – Coronation Street
This infamous pub may have seen many landlords in its time, but not one of them thought to switch to renewable energy. The addition of solar panels not only means added value but a more sustainable way of cooking Betty’s famous hotpot too. Cheers to that!
Value before solar panels: £323,748
With a solar system fitted: £369,072.72
Value increase: £45,324
The Cottage from ‘The Holiday’
Cosy and wholesome this place may be, but the log fire and gas cooker aren’t exactly EPC friendly! Not only would solar panels add value to this country pile, but they’d also make the place a lot more sustainable.
Value before solar panels: £650,000
With a solar system fitted: £741,000
Value increase: £91,000
Gwen and Stacey’s house – Gavin and Stacey
With the number of omelettes cooked in the kitchen, you’d think Gwen would have thought about a more environmentally-friendly option for the power in her home. The increase in value is enough for anyone to say, “Oh, What’s Occurring?” too!
Value before solar panels: £137,500
With a solar system fitted: £156,750
Value increase: £19,250
Want to learn more about the benefits of solar panels? Find out more here.