According to Rivervale Leasing, after considering the prices of 1,000 UK homes, homes with an L2 charger sell for approximately 13% more than the average house price in the area. Furthermore, out of the 1,000 homes they looked at, 76% showed an increase in value when they featured an L2 charger as part of their infrastructure, compared to the other homes in the area.

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The car leasing firm’s research reveals that a home that has an electric charging point installed will sell for 30% more than the average local house price.

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Of course, this doesn’t factor in that more premium properties are more likely to be owned by people who can afford and need to install an EV charger in the first place.

The short answer is yes. As the adoption of electric vehicles continues to rise, homebuyers are increasingly looking for properties that offer EV charging capabilities. Installing an EV charging station demonstrates your commitment to sustainability and appeals to potential buyers who own or plan to own an electric vehicle. It can set your home apart from others in the real estate market, potentially increasing its market value and attracting environmentally conscious buyers.

A study published in Nature Sustainability shows that homes near EV charging stations experience a boost in property value. According to the study, homes situated between 0.4 to 0.5 kilometers of EV chargers are valued at about 3.3% higher than homes outside of that range.