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On this move-for-an-extra-bedroom chat, I should note that I'm up north, and houses on our terraced street that already have a loft done are about 20-30k more than those without - with a range being 250-300k or so depending on overall finish/condition of the house.
edit: oops/soz, didn't realise i was replying directly
There is also the fact that you might be buying a genuine 4 bed, with potential to add a 5th later, rather than buying an already extended 3 bed. But there are not many actual 4 beds around E11/17 from what I've seen.