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dc.contributor.authorChen, Ai
dc.contributor.authorMarmolejo Duarte, Carlos Ramiro
dc.contributor.otherUniversitat Politècnica de Catalunya. Departament de Tecnologia de l'Arquitectura
dc.identifier.citationChen, A., Marmolejo, C. Is the energy price premium spatially aggregated? A listing price analysis of the residential market in Barcelona. "Czasopismo techniczne: architektura = Technical transactions: architecture", Juliol 2018, vol. 7, p. 5-19.
dc.description.abstractBuilding energy efficiency has aroused much discussion around the world. Energy Performance Certificates (EPCs) and relevant regulations and legislation have been established and enforced in the past 15 years due to the extreme 40% consumption of total energy and 38% of total CO2 emissions caused by residential buildings in Europe. This paper aims to confirm the energy premium in the Metropolitan Area of Barcelona (AMB) and the presence of spatial homogeneity of this energy premium with OLS hedonic prices and the GWR model. The results suggest that the energy premium causes a 12.2% housing price increase from Class G to Class A, or an implicit housing price rise of 1.9% with every ranking of EPC ordinal scale improvement. Furthermore, the areas with a higher incidence of energy labelling are situated in the middle and north-eastern parts of AMB that are inhabited by skilled professionals who more commonly have a higher university education.
dc.format.extent15 p.
dc.publisherTadeusz Kosciuszko University of Technology
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Spain
dc.subjectÀrees temàtiques de la UPC::Urbanisme
dc.subject.lcshReal property -- Valuation -- Spain -- Barcelona Metropolitan Area
dc.subject.lcshBuildings -- Energy conservation -- Spain -- Barcelona Metropolitan Area
dc.subject.otherEnergy Performance Certificates (EPCs)
dc.subject.otherHousing price
dc.subject.otherSpatial aggregation
dc.titleIs the energy price premium spatially aggregated? A listing price analysis of the residential market in Barcelona
dc.subject.lemacBéns immobles -- Valoració -- Catalunya -- Barcelona (Àrea metropolitana)
dc.subject.lemacEdificis -- Estalvi d'energia -- Catalunya -- Barcelona (Àrea metropolitana)
dc.contributor.groupUniversitat Politècnica de Catalunya. CPSV - Centre de Política de Sòl i Valoracions
dc.rights.accessRestricted access - publisher's policy
dc.description.versionPostprint (published version)
local.citation.authorChen, A.; Marmolejo, C.
local.citation.publicationNameCzasopismo techniczne: architektura = Technical transactions: architecture

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Except where otherwise noted, content on this work is licensed under a Creative Commons license : Attribution-NonCommercial-NoDerivs 3.0 Spain