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  • Do you have figures to support this statement?

    I know in Ireland the estimate is that for every 1 level increase on BER (Building Energy Rating) the property value increases by 1% so on a £500k house which increases from C3 to A3 (this is the increase I achieved with my own heat pump install at home) the value of that increase is 6% which is £30,000.

    This report suggests even higher value add in UK

    Agreed on the additional works being the real killer on price but I think people need to just get their head around treating it as a major home upgrade, which it is.

  • get their head around treating it as a major home upgrade, which it is.

    Not always an option though. If grants make it cost the same as a straight swap new boiler, then all good, but if you need to have a spare load of extra cash that you can convert to property value rather than food it gets in the way quite a lot.

  • Of course, I'm not trying to make little of the cost and I appreciate it's going to be out of the budget of very many people. I would imagine people had the same conversation about installing central heating instead of fireplaces many years ago too though.

    Councils should be working towards plans for district heating systems with centralised heat pump plant rooms in more densely populated areas which will account for a lot of the future switch to heat pumps anyway, it's not practical or achievable to think that every single home will have its own heat pump.

  • Will need to be some grant to bring the cost down to the same price and even then how long can that be sustained as there isnt an unlimited money tree for things like that.

    Saying that, you get the HP installed and in 10-15 years when it needs replaced and is 10 grand to replace it will people have the money to get it done. People aint spending 2000 odd the now to replace old boilers so I feel like it'll be the same old thing again but worse.

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