Buying a home is an exciting journey, but it’s important to look beyond the surface and consider factors which will impact on the long-term running costs of your new property, such as energy efficiency. By focusing on key details like insulation, utility expenses, and solar potential, you can ensure your new home is not just a beautiful space, but also a smart investment for the future.
With this in mind, the experts at BOXT have put together a checklist of things you should look out for when purchasing a property.
1. Check the age and condition of the boiler
The boiler is a vital component of your home’s heating system, and its efficiency can significantly affect your energy bills. When viewing a home, ask about the age of the boiler and whether it has been regularly serviced. Older boilers tend to be less energy-efficient and may be nearing the end of their lifespan, which could mean a costly replacement in the near future. Look for any signs of wear, such as corrosion, strange noises, or leaks. If the boiler is outdated, factor in the cost of upgrading to a modern, energy-efficient model.
Upgrading to a new A-rated boiler could save nearly £500 a year on energy bills, depending on the current boiler’s efficiency and the type of home you’re looking at. Additionally, if you’re planning on extending the property by adding more bathrooms or rooms with radiators, consider this when upgrading the boiler to ensure it will still be powerful enough to heat your home efficiently after the extension.
2. Check the insulation quality
Insulation plays a crucial role in maintaining a comfortable temperature in your home and reducing energy costs. When touring a home, inquire about the type and condition of the insulation in the walls, attic, and crawl spaces. Additionally, pay close attention to the windows and doors as they are common sources of heat loss and drafts.
Check if the windows are double or triple-glazed for improved insulation and energy efficiency, and ensure that doors have proper seals and weather stripping. Look for signs of poor insulation, such as drafts or significant temperature variations between rooms. In older homes, ask if the insulation has been updated, as outdated materials and inefficient windows or doors can impact energy efficiency and potentially lead to costly replacements.
3. Evaluate the energy efficiency rating
Energy efficiency ratings, such as the Energy Performance Certificate (EPC), provide insights into how much energy a home consumes. A higher rating means lower energy bills and a smaller carbon footprint. Ask the seller or estate agent for the home’s energy efficiency report. Pay attention to recommended improvements, as they can give you an idea of potential upgrades you might need to invest in after purchase.
4. Research average utility costs
Understanding the average utility costs in the area can help you budget for monthly expenses. Ask the current owner or your estate agent for recent utility bills or average costs for electricity, gas, water, and heating. You can also contact local utility companies directly to get an estimate. Consider factors like the size of the home, climate, and the efficiency of installed systems, as these can significantly impact utility costs.
5. Assess solar panel suitability
If you’re considering installing solar panels, check whether the home is suitable. Look for a roof that has sufficient surface area, is in good condition, and ideally faces south to maximise sunlight exposure. Check for any shading from nearby trees or buildings that might limit solar energy production. Also, research local regulations, incentives, and the homeowner’s association rules to ensure that you can install solar panels without any issues.
8. Review the roof’s condition
A roof in good condition is essential for energy efficiency and protecting your home from the elements. Inspect the roof for signs of damage, such as missing shingles, leaks, or sagging. Ask about the age of the roof and the materials used. A well-maintained roof not only contributes to lower energy costs but also supports solar panel installation if you plan to go that route.
How to find this information:
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Home Inspection: Hire a professional home inspector to thoroughly evaluate the property for insulation quality, heating systems, windows, and roofing.
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Energy Audits: Consider getting an energy audit to assess the home’s efficiency and identify areas for improvement.
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Local Utility Companies: Contact them for historical utility costs and potential energy-saving programs.
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Estate Agent: They can provide insights into neighbourhood trends, including average bills and solar panel installations.
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Online Resources: Use online tools to check energy efficiency ratings, local solar panel incentives, and regulations.
Andy Kerr, founder and CEO of BOXT, comments: “Buying a home is one of the most significant investments you’ll ever make, so it’s crucial to look beyond just aesthetics. Pay close attention to the property’s energy efficiency and insulation, as these can greatly impact your comfort and the long-term running costs of your home. It’s also worth considering the potential for solar panel installation if you are looking to reduce your carbon footprint in the future. By doing your homework and getting a thorough property inspection, you can ensure that your new home is comfortable and cost-efficient for years to come.”