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21 October 2022

Energy efficient new build homes offer substantial savings

At-a-glance guide to the significant cost and environmental savings of new build homes and why energy efficiency is a key differentiator for first-time buyers

For first-time buyers, the thought of buying a new build home appeals for many reasons; there’s no upward chain, it’s a blank canvas, boasts smart home technology, and needs no repairs or renovations – but rapidly rising to the top of this list is energy efficiency. Did you know a new build home could literally save you thousands on energy bills?

Tilia Homes offers their expert take on why new build homes tip the scales for environmentally savvy buyers…

Where draughty barn conversions and Victorian townhouses fall short, modern new build homes boast environmental benefits unparalleled in today’s property market. This, coupled with the current cost-of-living crisis and the collective desire from Millennials and Gen Z to live more sustainably, means energy efficiency is now a top consideration when buying a new home and something we’re hearing daily from our customers.

Watt A Save

In a report published by the Home Builders Federation (HBF)[1]’, it reports new build homes can expect to save an annual average of £2,000 on energy bills when compared with a similar size older property. It suggests the average annual running cost for a new home totals just £1,500 (compared with £3,570 for an existing home), which is extremely welcome news when energy prices are at an all-time high.

As well as securing substantial savings, buyers can also be assured they are making a positive environmental choice, with the report also verifying the average new home prevents 2.2 tonnes of carbon being emitted.

Built to Perform

Today’s new homes are thoughtfully designed to target low energy consumption and reduce your running costs. Their entire fabric is deliberately built to store heat and exclude drafts, so will include measures like cavity wall insulation and double or triple glazing. Internally, you’ll find most new build homes feature low energy lighting, dual flush toilets and kitchen/utility room appliances with a low energy rating to keep consumption to a minimum.

A home’s overall energy efficiency is then measured by its Energy Performance Certificate (EPC) rating, and achieving a top score of A or B has become one of the top three desirable features for a new home[2]. Today, 84% of new homes are now rated B or above, compared to just 4% of existing homes. Not only does buying new mean the greener option but means buyers can simply move in without the worry of costly, disruptive or time-consuming renovations.

Countdown to Net Zero

We understand that many first-time buyers and upsizers alike aspire to make environmentally sustainable choices but feel conflicted or anxious about the financial implications. New builds have a proven track record when it comes to improved energy consumption so making the switch to an energy efficient new home for the winter is the smart move.

If you’re ready to start your journey towards greener and cheaper home ownership, check out our Developments page to see locations near you, and use the contact information to speak to one of our sales advisors.

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[1] HBF: Watt a save report July 2023

[2] Location, Location, Insulation? New Homes Week research shows desire for sustainability (hbf.co.uk)

Energy blog 21.10.22

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