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32 Matson Lodge, Drogheda, Co Louth, Drogheda, Co. Louth, A92 KXV4

11 homes sold nearby. See what they went for — and what to bid on this one.

€465,000 · 5 Bed · 4 Bath · 236m² · Detached

Market Position

Priced Within Local Sold Range

At €465,000, this home is priced within the typical range of 11 recent closed sales nearby. There's room to negotiate — seller leverage is 2.4/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.

16 Castlemanor, Ballymakenny Rd, Drogheda, Louth
5 Grange Rise, Ballymakenny Rd, Drogheda, Louth

11 closed sales nearby · 13mo recency · High confidence · Property Price Register

Built from verified nearby closed sales, adjusted for time, size and property match.
Sources: PPR, SEAI, OPW, planning records.
How this is calculated

We search the Property Price Register for closed sales near this property — matching by location, beds, property type, and where available, floor area (±20%). This gives us a set of genuinely comparable transactions.

Each sale is then time-adjusted to today using local price trends, so a sale from 18 months ago is inflated (or deflated) to reflect current market conditions. Where floor area is known, sales are also size-adjusted — a 90m² sale is normalised to what it would have sold for at this property's size. This means the figures you see aren't raw prices — they're what those same homes would likely sell for today, at this size.

Your bid strategy (opening offer, sealed bid range, walk-away ceiling) is then derived from the statistical distribution of these adjusted sales — with conservative safety margins applied when data is thin or dated.

Every figure comes from actual government-recorded sale prices. No asking prices, no agent estimates, no automated valuations.

Full methodology →

Opening

Start here

Best & Final

If multiple offers

Ceiling

Do not exceed

Before you bid €465,000, get your opening offer, best-and-final range, and walk-away ceiling.

Instant access · No subscription · Refund if not useful

Overbidding by 5% could cost €23,250 before interest.

Analysing 625,000+ Property Price Register transactions since 2010.

What your report includes

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Before You Bid

Before you bid €465,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Low Likelihood
28%probability of going
above asking

Am I Overpaying?

In-Band
64thpercentile of
local sales
Above average for the area

Negotiation Leverage Score

Seller Advantage
23/100

€23,250

That's what overbidding by just 5% on a €465,000 home costs you — before interest.

A €19 check before a €465,000 commitment.

Get Your Exact Bid Numbers for This Property

You've seen the market signals. Now get the exact numbers: where to open, how far to go, and when to walk away.

Built from 625,000+ verified Irish property transactions

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Based on 11 verified local sales · High confidence

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From €19 for your strategy on a €465,000 home. Independent valuations start at €150 — same data source, fraction of the cost.

Price Distribution Analysis

11 verified closed sales within 1.5km · 18 months.

Ask
€287k€689k
Asking €465,000Median Range Unlock exact local price anchors used to calculate your bid strategy.

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.

The chart shows the market. Your report gives the number not to exceed.

Instant access · No subscription · Refund if not useful

Financial Exposure · 13% 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

€465,000

Above transaction median

Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.

Statistical Confidence · High

11

Transactions Analysed

Within 1.5km

13 months

Data Freshness

Most recent sale age

±20%

Price Spread

How much prices vary

High

Confidence Level

Recent sale prices in this area are closely clustered, which means the data is reliable and the bid strategy is well-supported.

High data density supports precise entry positioning.

PPR closed sales · size & time adjusted · no asking prices used

Supporting Evidence · 11 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
16 Castlemanor, Ballymakenny Rd, Drogheda, Louth2025-04-28138m²
5 Grange Rise, Ballymakenny Rd, Drogheda, Louth2025-03-10
9 more transactions in full report

Transactions within a 1.5km radius and 18-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

Full methodology →

Local Market Notes

Property Quality

BER C1 Advantage: A BER C1 rating is relatively good; while specific upgrade costs are not provided, moving to a B-rated property could potentially save €800-€1,200 annually in energy costs compared to a D-rated property of similar size.

Details
  • Generous Space: At 236m², this detached house is considerably larger than the 3-bedroom median size, offering ample living space which is a strong value proposition in the market.
  • Value Optimization: The estimated value is €432,424, while the asking price is €465,000, indicating a premium of €32,576. Buyers may negotiate down to the estimated value or potentially below if market conditions align with the asking price.
  • Hypothesis: Given the property's C1 BER rating and large size, strategic investments in improving insulation and heating systems could potentially elevate its BER rating to B2, costing approximately €8,000-€12,000, and consequently increase its market value by €15,000-€20,000, representing a sound return on investment.

Amenities

Connectivity to Dublin: While the data indicates Drogheda is outside Dublin, the 100km market metrics suggest strong demand, implying good transport links to the capital are crucial; specific bus routes like Dublin Bus 100X and Irish Rail services from Drogheda station provide direct access to Dublin city.

Details
  • Local Educational Hub: The area is served by prominent educational institutions including St. Mary's Christian Brothers School, St. Oliver's Community College, and the Gaelscoil Fairgreen.
  • Retail and Healthcare Access: Residents have access to a range of shopping facilities, with Scotch Hall Shopping Centre and numerous supermarkets like Tesco and Dunnes Stores, alongside Our Lady of Lourdes Hospital for healthcare needs.
  • Hypothesis: The ongoing development and potential expansion of infrastructure connecting Drogheda to Dublin, such as improved road networks and enhanced public transport frequency, could further solidify its appeal as a commuter town, leading to sustained property value growth independent of Dublin's immediate market fluctuations.

Derived from nearby closed-sale patterns.

Built on verified Irish public data

Property Price Register

Property Price Register

625,000+ verified closed sales

SEAI

SEAI

Building energy ratings & floor area

Office of Public Works

Office of Public Works

Flood zones, events & study areas

MyPlan.ie

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.