According to The Economist, Corby's population is booming with a rise of 30% since 2001 and it is predicted to grow by another third in the next two decades. With the increasing population, finding a property with the living space you need may be difficult. However, a loft conversion can help satisfy your needs, while having the potential to be a cheaper and less time-consuming option than relocating to a new, larger home.  

Benefits of a loft conversion

When it comes to loft conversions there are several benefits as a homeowner. Firstly, loft spaces can be quick and easy to transform and can create an additional multi-use room from empty space that otherwise would not be used. Furthermore, loft conversions have the potential to save a lot of hassle, as the alternative would be to relocate to a larger, more expensive home for more space.

According to Green Age, on average 25% of the heat produced within your home will escape through the roof. As part of your loft conversion, you can install insulation into the roof to make it more energy-efficient, thus, reducing your carbon footprint and saving money on your energy bills.

Full planning permission is also rarely required for a loft conversion, as they are classed as permitted developments unless they require a complete change to the appearance of your home – making it a potentially cheaper alternative to an extension.

Lastly, a loft conversion can add value to your property, making it a great investment if you do decide to sell in the future. Potential buyers or tenants always look out for features that make a property stand out from others and a loft-conversion may make your property more enticing.     

How much value does a loft conversion add to a home?

According to Home Owners Alliance, a loft conversion can add up to 20% to the value of a property. Corby’s average house prices sit at around £200,000, therefore, a loft could have the potential of adding up to £40,000 to your listing price. This means that your house will not only be more sellable, but you’ll get more bang for your buck too.

When making a loft conversion it is important to start by assessing whether your space is suitable for conversion. There are three key measurements to take;

  • Internal height – this needs to measure 2,500mm to suitably convert
  • Roof pitch – the higher the pitch angle, the higher the central head is likely to be
  • Footprint – internal rules should measure 5,500mm side to side, with the chimney, and 7,500mm front to back

On average, the cost can be between £15,000 and £70,000 depending on the type of loft-conversion. These costs are broken out throughout the stages listed below and will differ from house to house;

  • Loft conversion plans
  • Possible planning permission costs
  • Building regulation costs
  • Loft building costs
  • Miscellaneous costs such as decorating and furnishing

Speaking to a well-established architect or building company will help you understand the costs involved for your property.

Here at Simpson West, we offer expert advice on how much a loft conversion could increase your home’s value, allowing you to weigh up the costs before committing to the job. Call us today on 01536 202007 or email