Property

Homes with electric car charging ports see listings rise over 540% in a year

Property Reporter
|
4th November 2021
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The number of homes for sale across Great Britain with an electric car charging point on the property or nearby has increased six-fold compared to this time last year, according to Rightmove.

A third of the +541% increase has been added since the start of September, with agents reporting that more buyers are enquiring about electric car charging points in homes for sale.

Rightmove analysed the number of properties for sale that mention an electric car charging point in the property description to prospective buyers. This excluded new build homes to determine the uplift in older homes having charging points installed or available nearby.

The significant rise is likely being driven by a combination of homeowners upgrading their properties with electric charging points before selling, rising numbers of public charging points being installed across Great Britain, and more agents highlighting charging points in listings for potential buyers.

Tim Bannister, Rightmove’s Property Expert, said: “This week, concerns about the environment are rightly front and centre of the headlines, and this study is an interesting example of how growing awareness about the environment and energy efficiency can impact the property market. The number of electric vehicle charging points is continuing to rise, and in turn, we’re hearing from agents that potential buyers are increasingly adding access to a charging point to their list when choosing the right home. Alongside the energy performance of a home, we anticipate electric car charging points will become more important for buyers over the next few years and will be an additional selling point for movers listing their home.”

Charlie Gladding, Senior Consultant at Peter Joy Estate Agents, commented: “Stroud has a reputation for being environmentally aware and it’s something we’re certainly hearing more about from both buyers and sellers. Not only are people more enthusiastic about energy efficiency upgrades, but the fact they are acting and having them installed means people are more conscious of ‘futureproofing’ their homes.

“With COP26, our carbon footprint, and climate change in general, more people are certainly aware of their actions, and enquiries about whether electric car chargers are installed, or it is possible to install them will be a theme that consistently grows into conversations over the next couple of years.”

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