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RIBA Reports Growing Demand for Home Extensions

Value of Home Extensions

Choosing a home extension can be an excellent money saving alternative to moving, in addition to providing extra space at any stage of home ownership. If done properly the added value to the property can exceed the cost of the extension. According to Barclays, the average return-on-investment (ROI) for building a 30m2 extension is currently estimated at £156,000 for a typical £475,000 home in London and £14,000 for a typical £180,000 home in the rest of the UK. Designer kitchens and en-suite bathrooms remain the most popular types of extension, while keeping properties current is cited as the top reason for planned improvements.

RIBA Reports Growing Demand for Home Extensions

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Future Housing Trends 2016-2020

As the RIBA Future Housing Design Trends Report 2015 indicates, the necessity to modernise will increase with the rise of the smart digital home over the next three to five years. Increases in land availability, relaxation of planning restrictions and an ageing population are contributory factors that have led to the recent surge in demand for bespoke, sustainable and multi-functional living spaces featuring adaptable extensions for work, rest and play.

Free Planning Advice

Creative and ambitious homeowners looking to make the most of the renovation revolution in 2016 can find idealistic inspiration in the capital’s 84 longlisted properties for the New London Architecture (NLA) “Don’t Move, Improve” award. Multi-million pound designs for the Cut and Frame House, Brackenbury House and The Lantern, featuring innovative artists/writers studios, glass ceilings for greater parental supervision of children’s play areas and Cubist courtyards, elderly/disabled annexes, and rooftop studies for stronger connections with nature are currently being showcased in NLA’s galleries at The Building Centre until March 2016. Free individual advice sessions with NLA shortlisted architects will also be available to those interested in home extensions on Saturday 27th February 2016.

Planning Your Own Extension

More often then not most people end up consulting an accredited RIBA architectural practice, such as Buckingham chartered architect Ragozzino or others to remodel mainly because of the comprehensive services offered regarding compliance with insurances, in addition to health and safety regulations and planning.

Usually new developments start with feasibility studies, followed by the design, planning/building regulations submissions, construction tendering, the build, and completion. Chartered architects can offer guidance on just the submission phase or manage the entire development on behalf of homeowners.

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