European Valuation Standards 2020
IV. - EVIP 1: The Impact of the Energy Performance of Buildings Directive
on Property Valuation
235
•
The condition of the technical
systems in the building;
•
Energy efficiency improvement measures, including those recommended by
the EPC, with their
associated costs and returns; and
•
Any other value that may be achievable by a different rating if, according to any
national rules, it makes it possible to sell or let a property more easily.
4.5.18.
Valuers will take account of the rating and recommendations so far as relevant,
reflecting market circumstances, in providing their opinion as to the value of the
property on a recognised basis of valuation.
4.5.19.
Looking ahead — While policies affecting property are currently relying on the EPC
rating, it is possible that assessed carbon dioxide emissions (an environmental
impact rating and already included in at least some EPCs) may come to be used
more. Further ahead, attention may come to bear on energy use as assessed not
only on theoretical energy consumption but over the life cycle of a building, in-
cluding the energy embedded in its construction and materials used, so tending to
encourage refurbishment,
rather than replacement, of existing buildings.
European Valuation Standards 2020
IV. - EVIP 2: Valuation and Other Issues for
Recurrent Property Taxation
237
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