diff --git a/CHANGELOG.md b/CHANGELOG.md
index 8476105665..08cf39de3f 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -208,6 +208,16 @@ If you’re not using Nunjucks macros, update your warning text HTML to replace
 
 This change was introduced in [pull request #3569: Remove unnecesary class from Warning Text component](https://github.com/alphagov/govuk-frontend/pull/3569).
 
+#### Check that selects work as expected
+
+The `govukSelect` macro will no longer include an empty value attribute for options that do not have a value set.
+
+This means that the value of the select if that option is selected will now be the text content of the option, rather than an empty string.
+
+If you need to maintain the existing behaviour, you can set the value to an empty string.
+
+This change was introduced in [pull request #3773: Omit the value attribute from select options with no value](https://github.com/alphagov/govuk-frontend/pull/3773).
+
 ## 4.6.0 (Feature release)
 
 ### New features
diff --git a/packages/govuk-frontend/src/govuk/components/select/select.yaml b/packages/govuk-frontend/src/govuk/components/select/select.yaml
index 1eb34e9a63..da5ffcee1a 100644
--- a/packages/govuk-frontend/src/govuk/components/select/select.yaml
+++ b/packages/govuk-frontend/src/govuk/components/select/select.yaml
@@ -15,7 +15,7 @@ params:
       - name: value
         type: string
         required: false
-        description: Value for the option item. Defaults to an empty string.
+        description: Value for the option. If this is omitted, the value is taken from the text content of the option element.
       - name: text
         type: string
         required: true
@@ -231,11 +231,11 @@ examples:
           attributes:
             data-attribute: GHI
             data-second-attribute: JKL
-  - name: with falsey values
+  - name: with falsey items
     hidden: true
     data:
-      id: with-falsey-values
-      name: with-falsey-values
+      id: with-falsey-items
+      name: with-falsey-items
       label:
         text: Label text goes here
       items:
@@ -300,6 +300,46 @@ examples:
         - value: 2
           text: GOV.UK frontend option 2
 
+  - name: without values
+    hidden: true
+    data:
+      name: colors
+      id: colors
+      label:
+        text: Label text goes here
+      items:
+        - text: Red
+        - text: Green
+        - text: Blue
+
+  - name: without values with selected value
+    hidden: true
+    data:
+      name: colors
+      id: colors
+      label:
+        text: Label text goes here
+      items:
+        - text: Red
+        - text: Green
+        - text: Blue
+      value: Green
+
+  - name: with falsey values
+    hidden: true
+    data:
+      name: falsey-values
+      id: falsey-values
+      label:
+        text: Label text goes here
+      items:
+        - text: Empty string
+          value: ''
+        - text: Boolean false
+          value: false
+        - text: Number zero
+          value: 0
+
   - name: item selected overrides value
     hidden: true
     data:
diff --git a/packages/govuk-frontend/src/govuk/components/select/template.njk b/packages/govuk-frontend/src/govuk/components/select/template.njk
index 5a71db49f9..77348750c3 100644
--- a/packages/govuk-frontend/src/govuk/components/select/template.njk
+++ b/packages/govuk-frontend/src/govuk/components/select/template.njk
@@ -44,8 +44,10 @@
     {%- for attribute, value in params.attributes %} {{ attribute }}="{{ value }}"{% endfor %}>
   {% for item in params.items %}
     {% if item %}
-      <option value="{{ item.value }}"
-        {{-" selected" if item.selected | default(params.value and item.value == params.value) }}
+      {# Allow selecting by text content (the value for an option when no value attribute is specified) #}
+      {% set effectiveValue = item.value | default(item.text) %}
+      <option {%- if item.value !== undefined %} value="{{ item.value }}"{% endif %}
+        {{-" selected" if item.selected | default(params.value and effectiveValue == params.value) }}
         {{-" disabled" if item.disabled }}
         {%- for attribute, value in item.attributes %} {{ attribute }}="{{ value }}"{% endfor -%}>{{ item.text }}</option>
     {% endif %}
diff --git a/packages/govuk-frontend/src/govuk/components/select/template.test.js b/packages/govuk-frontend/src/govuk/components/select/template.test.js
index 86dc9e9b0b..6bf15e4bc1 100644
--- a/packages/govuk-frontend/src/govuk/components/select/template.test.js
+++ b/packages/govuk-frontend/src/govuk/components/select/template.test.js
@@ -33,13 +33,43 @@ describe('Select', () => {
       expect($items.length).toEqual(3)
     })
 
-    it('renders item with value', () => {
+    it('includes the value attribute', () => {
       const $ = render('select', examples.default)
 
       const $firstItem = $('.govuk-select option:first-child')
       expect($firstItem.attr('value')).toEqual('1')
     })
 
+    it('includes the value attribute when the value option is an empty string', () => {
+      const $ = render('select', examples['with falsey values'])
+
+      const $firstItem = $('.govuk-select option:nth(0)')
+      expect($firstItem.attr('value')).toEqual('')
+    })
+
+    it('includes the value attribute when the value option is false', () => {
+      const $ = render('select', examples['with falsey values'])
+
+      const $secondItem = $('.govuk-select option:nth(1)')
+      expect($secondItem.attr('value')).toEqual('false')
+    })
+
+    it('includes the value attribute when the value option is 0', () => {
+      const $ = render('select', examples['with falsey values'])
+
+      const $thirdItem = $('.govuk-select option:nth(2)')
+      expect($thirdItem.attr('value')).toEqual('0')
+    })
+
+    it('omits the value attribute if no value option is provided', () => {
+      const $ = render('select', examples['without values'])
+
+      const $firstItem = $('.govuk-select option:first-child')
+      // Ideally we'd test for $firstItem.attr('value') == undefined but it's
+      // broken in Cheerio – https://github.com/cheeriojs/cheerio/issues/3237
+      expect($firstItem.toString()).not.toContain('value')
+    })
+
     it('renders item with text', () => {
       const $ = render('select', examples.default)
 
@@ -61,6 +91,13 @@ describe('Select', () => {
       expect($selectedItem.attr('selected')).toBeTruthy()
     })
 
+    it('selects options with implicit value using selected value', () => {
+      const $ = render('select', examples['without values with selected value'])
+
+      const $selectedItem = $("option:contains('Green')")
+      expect($selectedItem.attr('selected')).toBeTruthy()
+    })
+
     it('allows item.selected to override value', () => {
       const $ = render('select', examples['item selected overrides value'])
 
@@ -90,7 +127,7 @@ describe('Select', () => {
     })
 
     it('renders without falsely items', () => {
-      const $ = render('select', examples['with falsey values'])
+      const $ = render('select', examples['with falsey items'])
 
       const $items = $('.govuk-select option')
       expect($items.length).toEqual(2)