Does a loft conversion add value to a property?
- Lccl Construction
- Apr 25, 2020
- 4 min read
Updated: Feb 8, 2024
Yes! The good news is that a professionally designed and built loft conversion will almost certainly add value to your property. Adding space to a property particularly an extra bedroom and bathroom remains the top way to add value to your home. A loft conversion could add up to 25%, or £100,000 value to your home and we will explore some of the affecting factors and available figures more here. If you are considering adding a loft conversion to your home you probably have lots of questions about the process of designing and building a loft conversions so there are also links to more detailed information about these topics as you read on. But what about the end result what will it cost and will the loft conversion add value to your home in 2024?
How much does a loft conversion add to the value of a property in 2024?
According to research by Nationwide Building Society “Homeowners that add a loft conversion or extension, incorporating a large double bedroom and bathroom, can add as much as 25% to the value of a three-bedroom, one-bathroom house."
This has increased from 22% in their 2016 research feature. This is in line with trends that we have seen over the last few years clients have migrated from the historical trend of building loft conversions as a bedroom for a teenage child and are now more regularly choosing to convert their lofts as an adults bedroom suite where they are able to have their own generously sized bedroom, own bathroom and bespoke maximised built in storage solutions. For many homeowners the loft bedroom is in fact the largest bedroom in the house.
Robert Gardner, chief economist at Nationwide, said home buyers were prepared to pay more for extra usable space, as this was often associated with better quality accommodation.
This is excellent news for homeowners who are in need of extra space to accommodate a brand new Master Bedroom Suite complete with its own bathroom and plenty of storage as they are likely to be substantially increasing the overall value of their home whilst avoiding the cost and disruption of moving house and also being able to stay in the location they desire.
Loft conversions come in many types and sizes dependent on property type, planning rules and layout of the existing house. The most popular loft conversion types are dormer lofts and hip to gable lofts. Find out more about the type of loft conversions >
Gardner said: “Location remains key to house values, but other factors such as the size of the property, including the number of bedrooms it offers, are also important to home buyers.
Wondering about the planning rules around loft conversions click here to read more on the topic.
What is the cost of the loft conversion and house extension?
For an illustrative idea of what a loft conversion could cost you. You can use our "instant quote calculator" and find out the cost in seconds! For both design and build, architecture services or just construction services dependant on what stage you are at and what you have so far completed.
We have over 17 years experience in the design and construction of loft conversions and home extensions in London and Hertfordshire areas and have worked out a unique calculation formula that you can find out to what your house extension and loft conversion will cost in seconds.
How can Lccl Construction be of help?
Do you require a loft conversion and house extension to add extra space?
Do you require architecture design and construction services?
Then look no further get in touch with us for a detailed free no obligation quote. We can accommodate a very quick turnaround. Our loft conversions and house extensions come with 10 year guarantee and 12 month workmanship guarantee.
Use our instant quote calculator for a quote about your project whether construction only or design and build.
Use our Free consultation call booking system to schedule a call at the time and date that suits you best.
Telephone: 020 8037 7332
Email: info@lcclconstruction.co.uk
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Instant quote online: https://www.lcclconstruction.co.uk/instant-quote
How does it work? https://www.lcclconstruction.co.uk/how-does-it-work
More related types of loft conversions and everything you need to know about them:
Dormer loft conversion
The most popular and most talked about type of loft is "Dormer Loft Conversion". So what is a dormer loft conversion? is it right for your home?
Hip to gable loft conversion
A Hip to Gable loft conversion is very popular on semi-detached & detached properties with sloping roofs, which is essentially a roof with a sloping side in addition to the slopes at the front and back.
Mansard loft conversion
A mansard loft conversion, named after the 17th-century French Architect Francois Mansard, is situated to the rear of the property. This type of conversion has a flat roof, with the back wall sloping inwards at an angle of 72 degrees.
L shaped loft conversion
An L shaped loft conversion is absolutely ideal for period properties with a back addition as you can also extend up the top of the back addition to get loads more space.
