5 Hazel Lane, Drogheda, Drogheda, Co. Meath, A92 P2NW
16 homes sold nearby. See what they went for — and what to bid on this one.
€339,000 · 3 Bed · 1 Bath · 82m² · Semi-D
Market Position
At the Upper End of Local Sales
At €339,000, this home is priced above what similar properties sold for — buyers at this level tend to overpay without a defined ceiling.
16 closed sales nearby · 11mo recency · High confidence · Property Price Register
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 €339,000, 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 €16,950 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €339,000, see this.
Here is what the data says about this property.
Will This Go Over Asking?
above asking
Probability of a sale above asking based on local bidding patterns.
Am I Overpaying?
local sales
Where the asking price sits in the verified local transaction distribution.
Negotiation Leverage Score
How much negotiation leverage you have based on market conditions.
€16,950
That's what overbidding by just 5% on a €339,000 home costs you — before interest.
A €19 check before a €339,000 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
Based on 16 verified local sales · High confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
16 verified closed sales within 1.5km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%).
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.
The chart shows the market. Your report gives the number not to exceed.
Instant access · No subscription · Refund if not useful
Local Market Momentum
Unlock to adjust radius, timespan, and comparison window.
Radius: 1.5kmTime: 18m12m vs 12mMedian transaction price per m² has increased 1.3% year-on-year, based on the trailing 18-month transaction window.
Local pricing conditions remain stable. No significant directional pressure.
Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.
Financial Exposure · 12% 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
€339,000
Above transaction median
Above Upper Range
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · High
16
Transactions Analysed
Within 1.5km
11 months
Data Freshness
Most recent sale age
±6%
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 · 16 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 6 The Park Highlands, Drogheda, Co Louth, Louth | 2024-12-19 | 124m² | |
| 155 Meadow View, Drogheda, Louth, Louth | 2025-06-25 | 104m² |
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
Local Market Notes
Property Quality
BER Upgrade Potential: With a D1 BER, strategic upgrades to a B2 rating could cost between €8,000 and €12,000, potentially increasing the property's value by €15,000-€20,000 and offering a strong return on investment.
Annual Energy Savings: A D1 BER means estimated annual energy costs are €1,800-€2,200; upgrading to a B-rated property could reduce these costs to €800-€1,200, saving approximately €1,000-€1,400 annually.
Bathroom Count Below Median: The property's single bathroom is below the 2-bathroom median for homes in the area, which for its 82m² size indicates a potential layout constraint or an opportunity to add value through renovation.
Hypothesis: Given the D1 BER and lower-than-average bathroom count, a comprehensive renovation focusing on energy efficiency and potentially adding a second bathroom (if feasible) could reposition this property from an average offering to a highly competitive, desirable home, commanding a higher premium in the active Drogheda market.
Amenities
Strong Commuter Connectivity: The property benefits from easy access to Drogheda MacBride Train Station, offering direct rail services to Dublin Connolly/Pearse and Belfast, complemented by extensive Bus Éireann routes (e.g., 101/101X) connecting to Dublin city.
Comprehensive Local Services: Excellent educational facilities are nearby, including St. Joseph's CBS Primary and St. Mary's Diocesan School, while Our Lady of Lourdes Hospital provides robust healthcare access within Drogheda.
Diverse Shopping & Lifestyle: Residents have convenient access to major retail at Scotch Hall and Laurence Shopping Centre, alongside supermarkets like Tesco and Dunnes Stores, with local amenities like Millmount Cultural & Heritage Centre for leisure.
Hypothesis: The property's location in Drogheda, a growing urban hub with expanding transport infrastructure and a full suite of amenities, is likely attracting a growing cohort of buyers seeking a high quality of life outside Dublin, suggesting continued demand and value stability due to its strategic position as a commuter town.
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.