{"id":222527,"date":"2023-11-20T07:26:04","date_gmt":"2023-11-20T07:26:04","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/"},"modified":"2023-11-20T07:26:04","modified_gmt":"2023-11-20T07:26:04","slug":"how-much-value-does-a-loft-conversion-add-in-2020","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/","title":{"rendered":"How much value does a loft conversion add in 2020?"},"content":{"rendered":"<p>Loft conversions have long been a popular way to add space and increase the value of a property. In 2020, homeowners are still wondering just how much value they can expect to gain from this type of renovation. While it&#8217;s impossible to provide an exact figure that applies to all scenarios, there are several factors to consider when evaluating the potential value a loft conversion can add to a property.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Factors_influencing_the_value_of_a_loft_conversion\" title=\"Factors influencing the value of a loft conversion\">Factors influencing the value of a loft conversion<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#What_type_of_loft_conversion_is_being_carried_out\" title=\"What type of loft conversion is being carried out?\">What type of loft conversion is being carried out?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#What_is_the_current_market_value_of_the_property\" title=\"What is the current market value of the property?\">What is the current market value of the property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Location_location_location\" title=\"Location, location, location.\">Location, location, location.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Planning_permission_and_building_regulations\" title=\"Planning permission and building regulations.\">Planning permission and building regulations.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Quality_of_the_conversion\" title=\"Quality of the conversion.\">Quality of the conversion.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#How_much_value_does_a_loft_conversion_add_in_2020\" title=\"How much value does a loft conversion add in 2020?\">How much value does a loft conversion add in 2020?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Related_FAQs\" title=\"Related FAQs:\">Related FAQs:<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Will_I_need_planning_permission_for_a_loft_conversion\" title=\"Will I need planning permission for a loft conversion?\">Will I need planning permission for a loft conversion?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#How_long_does_a_loft_conversion_take_to_complete\" title=\"How long does a loft conversion take to complete?\">How long does a loft conversion take to complete?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Can_I_convert_a_loft_with_a_low_ceiling_height\" title=\"Can I convert a loft with a low ceiling height?\">Can I convert a loft with a low ceiling height?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Do_I_need_to_inform_my_neighbors_about_my_loft_conversion_project\" title=\"Do I need to inform my neighbors about my loft conversion project?\">Do I need to inform my neighbors about my loft conversion project?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Can_a_loft_conversion_add_an_additional_bedroom_to_my_property\" title=\"Can a loft conversion add an additional bedroom to my property?\">Can a loft conversion add an additional bedroom to my property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Can_I_install_a_bathroom_in_my_loft_conversion\" title=\"Can I install a bathroom in my loft conversion?\">Can I install a bathroom in my loft conversion?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Will_a_loft_conversion_impact_my_propertys_energy_efficiency\" title=\"Will a loft conversion impact my property&#8217;s energy efficiency?\">Will a loft conversion impact my property&#8217;s energy efficiency?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Can_I_convert_my_loft_if_I_have_a_water_tank_or_chimney_in_place\" title=\"Can I convert my loft if I have a water tank or chimney in place?\">Can I convert my loft if I have a water tank or chimney in place?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Will_a_loft_conversion_increase_the_council_tax_on_my_property\" title=\"Will a loft conversion increase the council tax on my property?\">Will a loft conversion increase the council tax on my property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Can_I_convert_a_shared_ownership_property\" title=\"Can I convert a shared ownership property?\">Can I convert a shared ownership property?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Is_it_possible_to_convert_a_flat_roof_loft\" title=\"Is it possible to convert a flat roof loft?\">Is it possible to convert a flat roof loft?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#Should_I_hire_professionals_for_my_loft_conversion\" title=\"Should I hire professionals for my loft conversion?\">Should I hire professionals for my loft conversion?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Factors_influencing_the_value_of_a_loft_conversion\"><\/span>Factors influencing the value of a loft conversion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>1. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_type_of_loft_conversion_is_being_carried_out\"><\/span>What type of loft conversion is being carried out?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe type of loft conversion being carried out will significantly impact the value it adds. Generally, a full loft conversion with a bedroom and bathroom will provide more value compared to a simple storage or office space conversion.<\/p>\n<p>2. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_current_market_value_of_the_property\"><\/span>What is the current market value of the property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe current market value of the property will help determine the potential increase in value. Higher-end properties are likely to experience a greater proportional increase compared to more affordable homes.<\/p>\n<p>3. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Location_location_location\"><\/span>Location, location, location.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe location of the property plays a crucial role in its value. Properties in desirable neighborhoods or areas with high demand will typically benefit more from loft conversions.<\/p>\n<p>4. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Planning_permission_and_building_regulations\"><\/span>Planning permission and building regulations.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nObtaining planning permission and meeting building regulations can ensure that the loft conversion adds value. Non-compliant conversions with no necessary approvals may deter potential buyers or lower the property&#8217;s value.<\/p>\n<p>5. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Quality_of_the_conversion\"><\/span>Quality of the conversion.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA well-executed loft conversion with high-quality finishes and materials will add more value compared to a shoddy or DIY conversion.<\/p>\n<p>Now, let&#8217;s address the burning question:<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_much_value_does_a_loft_conversion_add_in_2020\"><\/span><strong>How much value does a loft conversion add in 2020?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The answer to this question varies significantly, depending on the factors mentioned above. On average, a well-designed loft conversion can add anywhere between 15 to 20 percent to the value of a property in 2020. However, in certain cases, this figure can reach up to 30 percent or more. It is essential to consider individual circumstances, the local market conditions, and the quality of the conversion to get a more accurate estimate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Related_FAQs\"><\/span>Related FAQs:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>1. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Will_I_need_planning_permission_for_a_loft_conversion\"><\/span>Will I need planning permission for a loft conversion?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn most cases, a loft conversion can be completed under permitted development rights. However, certain conditions and limitations may apply, such as height restrictions or properties in conservation areas, so it&#8217;s always best to check with your local planning authority.<\/p>\n<p>2. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_long_does_a_loft_conversion_take_to_complete\"><\/span>How long does a loft conversion take to complete?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nThe duration of a loft conversion project will vary depending on its complexity and size. On average, a straightforward conversion can take around 6-8 weeks, while a more extensive and complex conversion may take several months.<\/p>\n<p>3. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_convert_a_loft_with_a_low_ceiling_height\"><\/span>Can I convert a loft with a low ceiling height?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nLofts with lower ceiling heights can still be converted, but it may require some adjustments to the design and planning. Lower ceilings can limit the usability or potential value that can be added.<\/p>\n<p>4. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_I_need_to_inform_my_neighbors_about_my_loft_conversion_project\"><\/span>Do I need to inform my neighbors about my loft conversion project?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIf your loft conversion requires Party Wall agreements, such as shared walls with neighbors or structural work affecting their property, you are legally obligated to inform and obtain their consent before commencing the project.<\/p>\n<p>5. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_a_loft_conversion_add_an_additional_bedroom_to_my_property\"><\/span>Can a loft conversion add an additional bedroom to my property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, a loft conversion is an excellent way to add an extra bedroom to your property. The addition of a bedroom is one of the most valuable uses of loft space and can significantly increase the value of a home.<\/p>\n<p>6. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_install_a_bathroom_in_my_loft_conversion\"><\/span>Can I install a bathroom in my loft conversion?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, it is possible to install a bathroom in a loft conversion. However, it requires additional considerations such as plumbing and ventilation, and it can increase the overall cost and potential value added.<\/p>\n<p>7. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Will_a_loft_conversion_impact_my_propertys_energy_efficiency\"><\/span>Will a loft conversion impact my property&#8217;s energy efficiency?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nA well-insulated and properly designed loft conversion can actually improve the energy efficiency of a property. It provides an additional layer of insulation and reduces heat loss, ultimately lowering energy consumption.<\/p>\n<p>8. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_convert_my_loft_if_I_have_a_water_tank_or_chimney_in_place\"><\/span>Can I convert my loft if I have a water tank or chimney in place?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWater tanks and chimneys can often be relocated or removed to make space for a loft conversion. A professional surveyor or architect can assess the feasibility and provide solutions tailored to your specific situation.<\/p>\n<p>9. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Will_a_loft_conversion_increase_the_council_tax_on_my_property\"><\/span>Will a loft conversion increase the council tax on my property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, a loft conversion that adds an additional bedroom or living space may increase the council tax band of a property. However, it&#8217;s best to check with your local council to understand the specific regulations in your area.<\/p>\n<p>10. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_I_convert_a_shared_ownership_property\"><\/span>Can I convert a shared ownership property?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nIn most cases, shared ownership leases will allow loft conversions with prior consent from the housing association or landlord. It&#8217;s necessary to review the lease agreement and consult with the relevant parties before proceeding.<\/p>\n<p>11. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_it_possible_to_convert_a_flat_roof_loft\"><\/span>Is it possible to convert a flat roof loft?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nYes, a flat roof loft can be converted, but it may require additional structural adjustments and considerations. Consulting with an architect or a loft conversion specialist is vital to assess the feasibility and complexity of such a project.<\/p>\n<p>12. <\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_hire_professionals_for_my_loft_conversion\"><\/span>Should I hire professionals for my loft conversion?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>\nWhile it&#8217;s possible to carry out a loft conversion as a DIY project, hiring professionals such as architects, builders, and plumbers will ensure that the work is done to a high standard and meets all necessary regulations. This can ultimately maximize the value added to your property.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Loft conversions have long been a popular way to add space and increase the value of a property. In 2020, homeowners are still wondering just how much value they can expect to gain from this type of renovation. While it&#8217;s impossible to provide an exact figure that applies to all scenarios, there are several factors &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"How much value does a loft conversion add in 2020?\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/how-much-value-does-a-loft-conversion-add-in-2020\/#more-222527\">Read more<span class=\"screen-reader-text\">How much value does a loft conversion add in 2020?<\/span><\/a><\/p>\n","protected":false},"author":56,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86279],"tags":[],"class_list":["post-222527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-learn","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How much value does a loft conversion add in 2020?<\/title>\n<meta name=\"description\" content=\"Loft conversions have long been a popular way to add space and increase the value of a property. 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