Voltage too high, Golden Cove scaling is off. At 4.0 Ghz (i5-12400) Golden Cove is probably a very efficient core but not at around 5 Ghz.
Disregarding the uncore and the E core contribution to power, 233W to 330W is more than the voltage squared and frequency increase.
If you assume Golden Cove is only responsible for 180W out of that 233W, then you are talking 180W to 277W which is 24% above what V2F law would give you.
I'm telling you guys, 5-plus GHz frequencies are meant for the insane asylum. That's why it has been reserved for water cooling+ setups for decades, until very recently when the air HSF setups became these bricks with massive server-like fans strapped on them.
Intel
added an extra pipeline stage to Golden Cove because they still haven't gave up on their Netburst dream of 20 years ago. That extra pipeline stage would have gave them 2-4% extra performance per clock so Golden Cove might have been 21-23% faster per clock, not 19%. The extra pipeline stage also increases complexity and thus transistors and thus power use. This explains the less than expected perf/clock gain.
If you need nothing but the fastest performance, this may be the way to go, but at a sacrifice of everything else. The inefficient Golden Cove means you end up with inefficient Sapphire Rapids and inefficient mobile chips.