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42 The Park, Lakepoint Park, Mullingar, Co. Westmeath, N91 V9D7

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

€325,000 · 3 Bed · 2 Bath · 111m² · Semi-D

Market Position

Below Typical Sale Prices

At €325,000, this home is priced below what similar properties sold for in the area. That's a favourable starting position — but consider a structural survey before committing.

22 The Close, Lakepoint Park, Mullingar, Westmeath
29 The Close, Lakepoint, Mullingar, Westmeath

26 closed sales nearby · 9mo 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 €325,000, 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 €16,250 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 €325,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Very High Likelihood
95%probability of going
above asking

Am I Overpaying?

Low Risk
18thpercentile of
local sales
Well below average for the area

Negotiation Leverage Score

Balanced Market
44/100

These signals interact — full analysis in report.

€16,250

That's what overbidding by just 5% on a €325,000 home costs you — before interest.

A €19 check before a €325,000 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 26 verified local sales · High confidence

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From €19 for your strategy on a €325,000 home. Independent valuations start at €150 — same data source, fraction of the cost.

Price Distribution Analysis

26 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).

Ask
€124k€530k
Asking €325,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price is positioned below the size-adjusted median, suggesting favourable entry conditions. 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.

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

Instant access · No subscription · Refund if not useful

Local Market Momentum

+20%year-on-year

Unlock to adjust radius, timespan, and comparison window.

Radius: 1.5kmTime: 18m12m vs 12m

Median transaction price per m² has increased 20% year-on-year, based on the trailing 18-month transaction window.

Indicates sustained upward pricing pressure in the local market.

Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.

Statistical Confidence · High

26

Transactions Analysed

Within 1.5km

9 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 · 26 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
22 The Close, Lakepoint Park, Mullingar, Westmeath2025-04-14120m²
29 The Close, Lakepoint, Mullingar, Westmeath2026-01-22109.7m²
24 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 Efficiency: A C1 BER rating indicates moderate energy efficiency; upgrades to a B2 could cost an estimated €8,000-€12,000 and potentially increase property value by €15,000-€20,000.

Details
  • Spacious Living Area: At 111.0m², this property offers a generous living space, above the average size for similar properties in the wider market.
  • Value Optimization Potential: With 2 bathrooms and 3 bedrooms, the configuration is standard for its size; focusing on interior upgrades and cosmetic improvements could capture a higher market value.
  • Hypothesis: While the C1 BER is functional, investing in targeted energy efficiency upgrades (e.g., improved insulation or window replacements) could not only reduce annual running costs by an estimated €800-€1,200 compared to D-rated properties but also enhance the property's marketability and achieve a premium in line with the strong local demand for well-maintained homes.

Amenities

Regional Transport Hub: Mullingar benefits from national rail services, offering direct links to Dublin, and is served by Bus Éireann routes connecting to surrounding towns.

Details
  • Local Educational Facilities: The area is served by multiple primary and secondary schools, including St. Mary's CBS Primary School and Coláiste Mhuire, providing strong educational options.
  • Convenient Local Shopping: Lakepoint Park is located near the Lakepoint Retail Park, offering a range of supermarkets such as Dunnes Stores and Lidl, along with various retail outlets.
  • Hypothesis: The consistent growth and transaction volume within a 10km radius, coupled with Mullingar's increasing role as a regional hub with improving infrastructure like potential future transport upgrades, suggests that properties offering good family amenities and reasonable access to essential services are well-positioned for sustained value growth, potentially outpacing broader national trends.

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.