Do en-suite bathroom/bedroom extensions add much value?
Adding an en-suite bedroom extension can significantly increase the value of a house in the UK, with estimates generally ranging from 5% to 23%.
Here’s a breakdown of what influences this value and typical figures:
Average Increase:
A typical three-bedroom property in the UK with an added extension to create a double bedroom and en-suite bathroom may see its value increase by 10%-12%. Some sources even suggest up to 10-15% or even 23% (according to Nationwide’s research).
Type of Extension:
Loft conversions that create an extra bedroom with an en-suite are often cited as adding the most value, potentially boosting a home’s worth by 15% to 20% or even 20-25%.
Garage conversions that create a bedroom and en-suite can also be highly valuable, potentially adding up to 20% to the property’s value.
Double-storey extensions that add both living space downstairs and bedrooms/bathrooms upstairs can add up to 12% or even 15-25% in family-oriented suburbs.
Geographical Location:
The value added can vary significantly based on location. In high-demand areas like London or other sought-after urban areas, extensions can add more value, sometimes exceeding national averages.
Conversely, in areas with lower property prices, the same extension might add less.
Quality of Construction and Finishes:
A well-designed and high-quality extension that seamlessly integrates with the existing property will generally add more value.
Poorly designed or executed extensions can actually decrease a property’s value.
Size and Use of the Extension:
While adding a bedroom and en-suite is generally positive, it’s important to consider if the en-suite disproportionately reduces the size of an already small bedroom, which could negatively impact its appeal.
Cost vs. Value:
It’s crucial to balance the potential value added with the cost of the project. While an en-suite can be a good investment, ensure the expenditure doesn’t outweigh the expected increase in value.
Average costs for extensions vary widely depending on size and quality, from £25,000 for a small extension to over £100,000 for larger or premium projects.
In summary, adding an en-suite bedroom extension is generally considered a strong investment for increasing property value, with loft and garage conversions being particularly effective. However, careful planning, quality execution, and consideration of local market conditions are essential to maximize the return on investment.