Property hothouse fuels demand for big ticket extensions
18 July 2017 by Emma Forster
With house prices in Bath rising faster than in many areas of the UK, more people are looking to extend their own property rather than find a new home.
That’s according to fast-growing West builders Helm Construction, who say sheer lack of choice in a flat property market is encouraging people to take a second look at their own space.
The company, which has completed a brace of large extensions in Cranhill Road and Priory Close, said the combination of high prices with lack of property coming forward had been pushing people to look further out of town.
Helm Construction Construction Director Jon Ticehurst said: “Although there are many fine properties to be had out in the countryside, people are then faced with longer commutes into the city – and it’s clear many people are deciding to stay put and extend.”
House prices in Bath are defying national trends, with prices up 8.3 per cent on last year to an average of £333,930 - one of the highest increases in the UK.
“Another factor is the trend towards adapting homes for future family needs – either grown up children unable to find a place of their own or elderly relatives.”
Helm Construction carried out a new rear and side extension at Cranhill Road opposite the Royal Victoria Park Botanical Gardens.
The firm also completed a two-storey extension in Priory Close.
Jon Ticehurst concluded: “Both properties enjoyed stunning views of the city and the owners would have been lucky to find the equivalent without spending a small fortune.”
Urban regeneration specialists Helm Construction have been brought in to transform Walcot Yard in the heart of Bath’s artisan quarter.
The buildings have been empty for seven years since their last use by a building materials reclamation business and before that the Walcot Reclamation business.
Helm Construction will build seven homes in a courtyard site delivering a valuable city centre plot back to the community on behalf of locally based Kersfield – who are active on a number of other sites in the vicinity.