Cornacloy, Drumkeeran, Co. Leitrim, N41 FC67
4 homes sold nearby. See what they went for — and what to bid on this one.
€199,000 · 4 Bed · 1 Bath · 105m² · Bungalow
Market Position
Priced Above Local Sales
At €199,000, this home is priced above what similar properties sold for — buyers at this level tend to overpay without a defined ceiling. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
4 closed sales nearby · 28mo 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 4 comparable transactions within 5.0km over the past 36 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
4 verified closed sales within 5.0km · 36 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 · 20% 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
€199,000
Above transaction median
Buying at asking would put you well above what similar homes sold for — that's elevated overpayment risk.
Statistical Confidence · Low
4
Transactions Analysed
Within 5.0km
28 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 · 4 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Cloonamurgal, Drumkeeran, County Leitrim, Leitrim | 2023-06-01 | 100m² | |
| Derrybofin House, Drumkeerin, Co Leitrim, Leitrim | 2023-06-01 | — |
Transactions within a 5.0km radius and 36-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
Significant BER Upgrade Potential: Upgrading the F BER rating to a C2 could cost approximately €10,000-€15,000 and potentially increase the property's value by €18,000-€25,000, representing a sound investment.
Details
- Large Plot, Standard Size: While 105m² is standard, the 4-bedroom, 1-bathroom configuration in a 105m² bungalow is slightly atypical and could be a deterrent for families needing more bathrooms.
- Retrofit Value Opportunity: Addressing the F BER rating is critical; a D1 rating would typically incur annual energy costs of €1,800-€2,200, whereas a C2 rating could reduce this to €1,100-€1,500, a saving of €700-€1,000 annually.
- Hypothesis: The current 1-bathroom configuration for a 4-bedroom bungalow in this size bracket presents a significant opportunity for value enhancement; adding a second bathroom could increase marketability and fetch a premium of €15,000-€20,000, particularly in a market where family needs are paramount.
Amenities
Limited Public Transport Connectivity: There are no specific bus routes, train stations, Luas, or DART stops listed as serving this immediate rural location, suggesting reliance on private transport.
Details
- Basic Local Services: Drumkeeran offers some essential services, but significant shopping, advanced healthcare, and diverse lifestyle amenities would likely require travel to larger towns such as Manorhamilton or Sligo.
- Rural Lifestyle Focus: The area provides access to natural surroundings, suitable for outdoor activities, but lacks structured family services like dedicated childcare facilities or easily accessible parks within close proximity.
- Hypothesis: The lack of direct public transport and proximity to major amenities in Drumkeeran indicates that properties here appeal primarily to those seeking a rural lifestyle, and any future development of local infrastructure, such as a community hub or improved bus services, could dramatically increase local property values.
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.