11 September 2012

New research from Nationwide has revealed that adding an extension or loft conversion to a property can increase its value by almost a quarter.

The lender carried out a special report on the value of home improvements in response to the government temporarily loosening planning rules.

Nationwide found the following data based on a typical three bedroom house:

Home improvement

Value added

Bathroom

6%

Double bedroom

12%

Extension of loft conversion creating a double bedroom and en-suite

23%

10% more floor space

5%

For more hints and tips on how to increase your property value, follow @MovewithUs on Twitter!

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