2 Mill Lane, Millstreet, Millstreet, Co. Cork, P51 E0W6
2 homes sold nearby. See what they went for — and what to bid on this one.
€170,000 · 1 Bed · 1 Bath · 53m² · Terrace
Market Position
Limited Transaction Data
At €170,000, we cannot reliably position this property — only 2 comparable closed sales were found within 3.0km. More local transactions are needed before the data can support a market position estimate.
2 closed sales nearby · 6mo 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 2 comparable transactions within 3.0km over the past 24 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
2 verified closed sales within 3.0km · 24 months. Filters broadened to increase sample size.
Asking price is positioned above the median transaction level. This places the property outside the core transaction band where most comparable homes closed.
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.
Financial Exposure · 11% 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
€170,000
Above transaction median
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · Low
2
Transactions Analysed
Within 3.0km
6 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 · 2 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 2 Mill Lane, Millstreet, Co Cork, Cork | 2025-10-03 | 53m² | |
| Lackabane, Millstreet, County Cork, Cork | 2024-11-08 | 83.6m² |
Transactions within a 3.0km radius and 24-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
Energy Efficiency Advantage: With a C2 BER rating, this property offers better energy efficiency than many older homes; annual energy costs are estimated at €1,200-€1,600, potentially saving €600-€1,000 annually compared to a D-rated property of similar size (estimated at €1,800-€2,200).
Details
- Compact Living: At 53m² with 1 bedroom, this property is significantly smaller than the median 3-4 bedroom properties (with median beds 3.0-4.0) within a 5-20km radius, catering to a specific market segment like individuals or couples.
- Hidden Value Potential: The property's current asking price of €170,000 is €41,309 below its estimated market value of €211,309, indicating significant built-in equity or scope for immediate value realization.
- Hypothesis: Despite its smaller size compared to local averages, the property's C2 BER and attractive price point could make it a highly desirable asset for the growing segment of buyers prioritizing efficiency and affordability over spaciousness, especially in a region with fewer compact, energy-efficient modern options.
Amenities
Local Connectivity: The property benefits from its proximity to Millstreet Railway Station, providing direct train access on the Cork-Tralee line, and local Bus Éireann routes, offering essential regional transport links.
Details
- Community Essentials: Key amenities include Presentation National School Millstreet and Millstreet Community School within walking distance, alongside Millstreet Medical Centre and local pharmacies for convenient healthcare access.
- Everyday Convenience: Residents can access SuperValu Millstreet and various local shops for daily needs, enjoy leisure time at Millstreet Town Park, and experience the town's walkability, with essential services readily accessible on foot.
- Hypothesis: The combination of essential local amenities and direct rail connectivity, particularly the presence of Millstreet Railway Station, positions this property as attractive for those seeking rural town living with accessible regional links, potentially drawing interest from Cork city commuters seeking affordability and a quieter lifestyle.
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 CFRAM flood extent mapping and historical flood events. Planning activity is sourced from national planning application records via MyPlan.ie. No asking prices, no agent estimates, no automated valuations.