claragh house, ramelton, co. donegal, f92 p5v6
1 homes sold nearby. See what they went for — and what to bid on this one.
€1,900,000 · 9 Bed · 5 Bath · 761m² · Detached
Market Position
Limited Transaction Data
At €1,900,000, we cannot reliably position this property — only 1 comparable closed sale was found within 3.0km. More local transactions are needed before the data can support a market position estimate.
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 1 comparable transaction 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.
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
€1,900,000
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 · Low
1
Transactions Analysed
Within 3.0km
22 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 · 1 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Claragh, Ramelton, Donegal, Donegal | 2024-05-21 | 723m² |
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
BER Status Unknown: The property's BER rating is currently unknown (SI_666), making energy efficiency an unquantified factor; if it were a low rating (e.g., E/F/G), typical upgrades to a B2 could cost €8,000-€12,000, potentially adding €15,000-€20,000 to its value.
Details
- Exceptional Scale: At 761m² with 9 bedrooms and 5 bathrooms, this property is exceptionally large, significantly surpassing the median 4-bed, 4-bath configuration typical for properties sold within a 5km radius over the last 180 days, suggesting a unique market offering.
- Value Enhancement Opportunity: Given the significant size of Claragh House, there's likely substantial scope for value optimisation through modernising interiors and improving energy efficiency, unlocking its full market potential beyond current local benchmarks.
- Hypothesis: The property's sheer size and bedroom count suggest a potential for conversion into a boutique guesthouse or a multi-unit dwelling, which could justify its premium pricing if local tourism or rental demand for large accommodations is strong, transforming it from a residential home into a commercial asset.
Amenities
Regional Road Access: Connectivity relies on road networks; while no train or Luas/DART services are available, Ramelton is served by Bus Éireann services providing connections to Letterkenny (approximately 15km via N56) and other regional towns.
Details
- Local Essential Services: The area offers essential amenities including Ramelton National School and Mulroy College for education, alongside local pharmacies and Ramelton Health Centre for daily healthcare needs, with Letterkenny University Hospital accessible for acute care.
- Community Living & Nature: Ramelton provides community-focused amenities with local shops like Centra, charming cafes such as The Old Post Office Cafe, and scenic walking routes along the River Lennon, catering to daily needs and a relaxed lifestyle.
- Hypothesis: The property's location in Ramelton, known for its heritage and scenic beauty, appeals to buyers seeking a tranquil, community-oriented lifestyle with access to nature, potentially offsetting the lack of major urban transport links and attracting niche buyers prioritizing quality of life over city convenience.
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.