Efficient heating systems cut weeks off house sale times, according to new research released by boiler manufacturer Worcester Bosch and The Property Centre estate agency.
Homes with a highly efficient boiler went under offer within three weeks 85% of the time compared with only 15% of properties requiring a boiler upgrade in the coming years going under offer within three weeks, they found.
On top of that, 90% of properties with efficient boilers and cheap running costs achieved 100% or more of the asking price.
Meanwhile, 35% of properties that needed an upgrade to their boiler and had higher utility costs had to reduce in price in order to achieve a sale, a statement added.
Martyn Bridges, director of technical services at Worcester Bosch, said: “Older boilers can mean inefficiencies in fuel consumption, and future maintenance will be more difficult due to rarer replacement parts on the market.
“Combined this means that future outgoings will be more likely than if you buy a property with a newer and better maintained system. For installers visiting customers who are looking to sell, this is a good time to promote boiler servicing or where necessary an upgrade.”