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I think you will need to get an estimate of the costs. Talk to a builder and get some rough ideas. I would think around 100k at a minimum. Then go and see a few agents in the area to discuss some values. From there you can usually work out how worthwhile an exercise it is going to be. Keep...

Take your plans straight to a builder, they will do all the running around for you - thats generally what they do

it still has to be no higher than 8.5m at the highest point

Watch the new council regulations that come into effect Tomorrow (Wed) I believe. If you are in the BCC they have dropped it to 7m under the eaves/soffits, if you are elsewhere check with your local council. Raising the house is not all that expensive. My Dad (a builder) did a major renno...