October 2011

What adds value?
Home improvements can add significant value to the average home

Adding an extension or a loft conversion to your home could increase its value by almost a quarter, new research by Nationwide Building Society reveals. The House Price Index Special Report looked at the additional value of improvements made to an average three-bedroom house. Research found:

• Creating an extra bathroom adds 6% to the value of the average home
• Adding another double bedroom pushes up the value by 12%
• Building an extension or loft-conversion to create a double bedroom and en-suite bathroom adds 23% to the value of the average UK three-bedroom property
• Increasing floor space by 10% could add 5% to the average value

What adds to the value of your home (PDF - 68KB).