Extension or loft conversion could boost property value by 25%

According to research by Nationwide, an extension or loft conversion could add 25% to the value of a property, while an extra bedroom could add 14%. The study also found that an extra bathroom could increase value by 6% and a 10% increase in floor area could lead to a 5% uplift in property value. The research used data from Nationwide's lending records and factors such as property type, age, number of bedrooms and bathrooms, floor area, and location.  

Mail on Sunday (27/08/2023)