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Has the value of residential energy labels increased - A quantitative approach to the change in value of energy labels labels between 2008-2018 for dwellings in the province of Noord-Holland, The Netherlands

Cassee, M.A. (2019) Has the value of residential energy labels increased - A quantitative approach to the change in value of energy labels labels between 2008-2018 for dwellings in the province of Noord-Holland, The Netherlands. Master thesis.

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Abstract

This thesis studies the Dutch energy labels for dwellings. The main research question studies the development of energy label. This development is studied for the province of Noord-Holland. This study is based on transaction data provided by the NVM and the energy label registrations provided by the RVO. The results of the analysis suggest that the different types of energy label classes (A-G) attribute different value to dwellings. When looking at the developments over the years the results show that the different energy label classes develop differently. The overall valuation fluctuates over time and increased over the period 2008-2018. The valuation of the energy labels differs greatly among the different COROP-regions. In regions with lower average transaction prices the valuation of energy labels is stronger than in regions where the average transaction price is higher. Since the energy label policy enforcement of 2015, the valuation of energy labels increased significantly.

Item Type: Thesis (Master)
Degree programme: Real Estate Studies
Supervisor: Nozeman, E.F. and Duijn, M.
Date Deposited: 23 Apr 2020 05:35
Last Modified: 23 Apr 2020 05:35
URI: https://frw.studenttheses.ub.rug.nl/id/eprint/2102

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