11 The Lakelands, Virginia, Co Cavan, A82 Y5F2
4 homes sold nearby. See what they went for — and what to bid on this one.
€149,950 · 2 Bed · 1 Bath · 55m² · Apartment
Market Position
Significantly Above Local Sales
At €149,950, this home is priced well above what similar properties sold for in this area. Overpayment risk is high. A structured bid strategy is critical. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
4 closed sales nearby · 11mo recency · Low confidence · Property Price Register
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 4 comparable transactions within 5.0km over the past 36 months. A minimum of 3 is required to derive a statistically reliable bid strategy. Purchasing a report is not available for this property.
This can happen for properties in lower-turnover areas or very specific property types. Check back as new transactions register on the Property Price Register, or search for a nearby comparable property.
Price Distribution Analysis
4 verified closed sales within 5.0km · 36 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%). Filters broadened to increase sample size.
Asking price is positioned above the median of comparable sales. This places the property outside the core transaction band where most comparable homes closed. Median anchored to size-similar transactions.
This chart shows where the asking price sits versus recent verified closed sales. It does not show your bid strategy.Same baseline as Market Position — size-adjusted.
Financial Exposure · 78% Above Median
If purchased at asking, you are paying above where most similar homes sold. A defined ceiling is designed to close this gap.
If purchased at asking
€149,950
Above transaction median
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · Low
4
Transactions Analysed
Within 5.0km
11 months
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Low
Confidence Level
Sale prices in this area vary more than usual, so there is some uncertainty in the figures. Bid conservatively and in small increments.
Limited recent transaction volume reduces trend precision. Strategy remains anchored to closed-sale distribution.
PPR closed sales · size & time adjusted · no asking prices used
Supporting Evidence · 4 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 6 The Old Mill, Mill Creek, Virginia, Cavan | 2025-09-03 | 63m² | |
| Church View, Virginia, Co Cavan, Cavan | 2024-11-22 | 143.3m² |
Transactions within a 5.0km radius and 36-month window.
Methodology
Closed sales time-adjusted to current market · size-weighted where floor area available · no asking prices or agent estimates used.
How adjustments work
- —Older sales inflated to current market level so stale data doesn't skew bands
- —Similar-sized properties weighted more heavily where floor area is known
- —Local price trends factored in when sufficient data exists; no artificial uplift otherwise
- —All figures from registered closed sales only — no asking prices, no agent estimates
Local Market Notes
Property Quality
BER Energy Efficiency: The B2 BER rating suggests reasonable energy efficiency, likely resulting in annual energy costs of approximately €1,100 - €1,500, compared to €1,900 - €2,500 for a typical D-rated property of similar size.
Value Optimization: With a size of 55.0m², this 2-bedroom, 1-bathroom apartment offers a good space-to-bedroom ratio, making it appealing for its size category.
Strategic Upgrades: Moving from a B2 to an A-rated BER could cost an estimated €5,000 - €8,000 and potentially increase the property's value by €8,000 - €12,000, representing a profitable upgrade.
Hypothesis: Given the B2 rating, the property is performing well in terms of energy efficiency, but focusing on minor upgrades such as improved insulation or high-efficiency heating controls could push it towards an A rating, significantly enhancing its market appeal and long-term running costs savings, especially if nearby comparable properties are achieving higher BER ratings.
Amenities
Transport Connectivity: While specific routes are not detailed, the location outside Dublin implies reliance on local bus services, likely connecting to Virginia town centre which serves as a transport hub.
Local Lifestyle Options: Virginia town offers essential retail, including supermarkets like SuperValu, and a range of local restaurants and cafes, catering to daily needs.
Educational Access: The presence of schools such as Virginia National School and Breifne College in the vicinity provides convenient access to primary and secondary education.
Hypothesis: The 'Outside Dublin' classification suggests that while local amenities are present, the property's value proposition will significantly hinge on improved transport infrastructure or the development of specific employment hubs within a commutable distance of Virginia to attract a wider pool of buyers seeking both regional living and connectivity.
Derived from nearby closed-sale patterns.
Built on verified Irish public data
Property Price Register
625,000+ verified closed sales
SEAI
Building energy ratings & floor area
Office of Public Works
Flood zones, events & study areas
MyPlan.ie
Planning applications nationwide
Common Questions
Bid strategy figures are derived from the Property Price Register — Ireland's official record of closed residential sale prices, verified through stamp duty. Floor area data comes from the SEAI BER register. Flood exposure is cross-referenced against OPW flood extent mapping (CFRAM fluvial + NCFHM coastal) and historical flood events. Planning activity is sourced from the National Planning Application Database via MyPlan.ie — merged Local Authority planning registers from the Department of Housing. No asking prices, no agent estimates, no automated valuations.