Value of end terrace vs mid

[Mummyinoz]

Looking at two properties, on the same road, same side of the street and same internal space (floor space, just configured differently)

House A asking price is roughly 10% higher than House B.

House A is end terraced, slightly smaller garden, configured as 2 double bedroom, 1 small single room (have split the previously very large bathroom into bedroom and smaller bathroom. Loft is completely unconverted.

House B is mid terraced, slightly larger and nicer garden, configured on first floor as two double bedrooms plus large bathroom. Loft has been converted with velux windows and used as a bedroom but not officially classed as a bedroom (perhaps Stairs don’t meet building regs but not sure).

What value would you put on having an end terrace? Feels like a big difference in price given would need to spend a lot to convert the loft vs a smaller cost of splitting bathroom into smaller bath and bedroom in house B?

Thanks

So the end of terrace has 3 bedrooms officially and the mid terrace is only 2 bedrooms officially. That's probably causing part of the price difference. End of terrace is normally slightly more desirable too as it's more like a semi detached

I would pay the extra for not having a neighbour attached on one side.

Personally I'd put very little value on being an end of terrace just for having fewer neighbours, but living in an end of terrace/corner terrace I do and would put extra value on rooms being dual aspect.

PS I'd buy the mid terrace in your scenario.

There’s also the possibility that you could convert the attic in the end terrace (to make a real bedroom that meets building regs) in the future if you wanted.

Good point about dual aspect. Why would you pick the mid terrace in my situation? Do you think the price differential is too much?

Yes it’d be our intention to convert the loft in the future. Just don’t want to overpay, especially given how expensive loft conversions are.

I personally put value on an end terrace but it’s interesting to see that not everyone does. Thinking about resale as we’d look to move within 5 years I’d guess.

It depends on the local area but where I live end terraces become hang outs for teenagers who loiter on the pavement outside the end and use the large wall area to kick balls against etc. Then again out end terraces have to windows in the end. Also higher heating bills due to having 3 exposed walls.

Something to think about: end terraces are more prone to subsidence and cracking, which could affect your house insurance premiums? Also mid terraces are cheaper to heat.

We live in an end of terrace, having previously lived in a mid.
One good thing about it is being able to get from the back to the front of without having to traipse through the house. We can keep the bins conveniently near the back door and wheel them down the side passage round to the front on bin day. When our neighbours (mid terrace) mow their back lawn, they have to carry the clippings through their kitchen and hall to empty them in the garden waste bin.
When we come home from a muddy walk, we can go in through the back door without having to make a detour all the way round the block.
My kids roller skate and scoot up and down the side passage too, I like that they have a safe place for it rather than having to skate on the pavement like the neighbours.
I definitely put value on being end of terrace.

We are end terrace and I'm often thankful for only one attached neighbour.

The terraces here can't access their backyard without going through the house which would put me off enormously also.

Great points aboit access to the house, with two boys this is definitely a big plus!

Didn’t know about the subsidence risk so I’ll definitely look into that thanks.

One point that applies to my local area that I had never thought of before that means I will specifically be looking for a mid terrace when we come to move...

In terraces where an L shaped loft conversion is possible (e.g. on a typical victorian terrace) our LA will not allow them on end of terrace, whereas on mid terrace they fall under PD.

Might be worth checking if that applies in your situation? Before I realised this I always thought I'd prefer an end terrace. But the advantage of having the potential for extra space is higher priority.

I'd pick the mid terrace because I think you'll get more square footage, and I think that'll wear better in any property market than matters of convenience. But I'm no expert. I'm also assuming your loft conversion would be smaller for an end terrace because I'm picturing an additional sloping roof like mine has.

If you're end terrace sometimes you get a wrap around garden.... I'd pay the extra for that.

Also if you ever wanted to extend- assuming that you do have a wrap around garden then you could do something fairly substantial.

Make sure that you're truly informed about any ROWs that pass through your end-terraced garden. A Right of Way is a very powerful legal right and might stop you from developing an end-terrace as you would like.