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Nottingham Post
Nottingham Post
National
Tim Hanlon & Andrew Brookes

Common feature now knocks £15k off property value, estate agents say

A common feature of houses once thought to add value to a property is now bringing house prices down by as much as £15,000, according to estate agents. In years gone by, conservatories were seen as a way to add space and light to a house at a more affordable cost and with looser building regulations than an extension.

But now, attitudes towards the once popular extensions are said to have changed. Estate agents warn traditional conservatories are now seen by home buyers as old fashioned and energy inefficient - a crucial consideration during the cost of living crisis, reported The Mirror.

Many homeowners are reportedly removing or converting their conservatories over fears of losing property value or putting off buyers. Property website Rightmove data shows the number of houses with conservatories coming onto the market fell 52% in the decade to 2022.

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