A COMMON feature in homes could be cutting their value by up to £15,000 and adding to energy bills.
An estate agent has warned conservatories can devalue a home by thousands of pounds.
And increasingly they are seen as energy-inefficient as they can be too hot to use and need fans to keep them cool in the summer while in the winter they need almost constant heating to keep them warm.
Figures from Rightmove reveal the number of properties with conservatories coming on to the market dropped by 52% between 2012 and 2022.
Meanwhile, Chris Hodgkinson, managing director of the House Buyer Bureau, said they were "effectively useless" and could wipe £15,000 off the value of your home.
He told This is Money: "An outdated conservatory can be an eyesore which will cause an immediate bad first impression, particularly with younger buyers.
Read more in Money
Major change for Tesco shoppers from today – how to avoid paying more
Supermarket giant to close key service in several stores – is yours one of them?
"If it's not in keeping with the overall style of your home, it acts as a buying deterrent."
Chris added buyers might be more likely to demolish a conservatory rather than keep it – which can cost an additional £2,000.
"A buyer will ultimately factor this in when putting in an offer on your home, reducing the price you are likely to achieve."
Chris claimed, based on a conservatory adding 5% to the value of a property, a bad one could wipe £15,000 off based on average home prices.
Most read in Money
Wetherspoons makes huge change at all 800 pubs for coronation
DWP reveals EXACT date benefits such as Universal Credit to be paid EARLY next week
UK inflation rate drops to 10.1% after shock rise – what it means for your money
Another supermarket makes huge change at 2,400 stores to rival Tesco
It comes as households contend with higher energy bills and consider the energy-efficiency of homes more.
According to Which?, a standard 2,000 watt oil filled radiator uses around two kilowatt hours (kWh) of energy for every hour it's in use.
That means plugging in the oil radiator in your conservatory, under the current price cap, will cost around 68p an hour to run.
If you used it for 10 hours a day, seven-days a week, over the winter for example, that would cost you £47.60.
Josh Avis, of Phillip Mann estate agents in Seaford, East Sussex, told The Sun buyers were now looking at EPC ratings and building regulations more than ever.
"Traditional conservatories are not energy efficient. What people want now is space.
"Brick-built standard extensions which can be used all year round is now the preferred option as they create a more 'liveable' space.
"You see a lot more extensions with pitched roofs and skylights than conservatories being built presently."
It's not just outdated conservatories that could be knocking money off the value of your home.
A poorly kept garden or damaged driveway can have a negative knock-on effect.
Clutter or excess hoarding can reduce your property's value when it comes to selling too.
Meanwhile, dated decor and lingering pet smells can have a detrimental impact.
Read More on The Sun
Sky users are realising there’s a free, easy way to keep getting TV during outages
The 7 things your HAIR can reveal about your health – and when to see a doctor
In other property news, a pensioner has saved hundreds of pounds a month living in a van – but says it's not been worth it.
Plus, the most popular area to snap up homes for first-time buyers has been revealed.
Source: Read Full Article