Cosy Nook, Ballymichael, Fanad, Co. Donegal, F92 E8Y6
7 homes sold nearby. See what they went for — and what to bid on this one.
€180,000 · 3 Bed · 2 Bath · 120m² · Detached
Market Position
Below Typical Sale Prices
At €180,000, 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.
7 closed sales nearby · 19mo recency · Low 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 €180,000, 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 €9,000 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €180,000, 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.
These signals interact — full analysis in report.
€9,000
That's what overbidding by just 5% on a €180,000 home costs you — before interest.
A €19 check before a €180,000 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 7 verified local sales · Low confidence
Instant access · No subscription · Refund if not useful
From €19 for your strategy on a €180,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
7 verified closed sales within 5.0km · 36 months. Filters broadened to increase sample size.
Asking price is positioned below the median transaction level, suggesting favourable entry conditions.
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
Statistical Confidence · Low
7
Transactions Analysed
Within 5.0km
19 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 · 7 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Ballure, Ballylar Po, Letterkenny, Donegal | 2023-06-02 | 81m² | |
| Ballure, Balyar, Fanad, Donegal | 2024-06-27 | 79m² |
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
BER Upgrade Potential: With an F BER rating, upgrading this 120m² property to a B2 rating could cost between €8,000 and €12,000, yet potentially increase its market value by €15,000 to €20,000.
Details
- Significant Energy Savings: Improving the BER from F means potential annual energy cost savings of €1,000 to €1,400, as annual costs for an F-rated property are estimated at €1,800-€2,200 compared to €800-€1,200 for a B-rated home of this size.
- Well-Sized Configuration: The property's 120m² footprint with 3 bedrooms and 2 bathrooms aligns well with the median configuration of 3 beds and 2 baths for properties sold within a 10km radius over the past 90 days.
- Hypothesis: Given its substantial undervaluation and current BER F rating, investing in energy efficiency improvements (e.g., insulation, heat pump) presents a clear arbitrage opportunity for buyers, allowing them to significantly increase the property's intrinsic and market value beyond the cost of upgrades, especially as energy efficiency becomes a stronger market differentiator in rural areas.
Amenities
Car-Dependent Connectivity: Located in Ballymichael, Fanad, public transport options are limited, with regional Local Link bus services (e.g., Route 295 to Letterkenny) being the primary form of public transport, making a private vehicle essential for daily commuting and access.
Details
- Local Lifestyle & Services: The area offers access to essential amenities in nearby villages like Fanad or Rossnakill for local shops/post offices, with more comprehensive shopping, healthcare (Milford Primary Care Centre, Letterkenny University Hospital), and secondary education (Loreto Community School, Milford) available within a 15-20km drive.
- Scenic & Recreational Appeal: While urban-style walkability is limited, the location offers exceptional natural amenities, including access to renowned local beaches like Portsalon Beach and Ballymastocker Bay, and recreational spots like Fanad Head Lighthouse and Portsalon Golf Club, ideal for outdoor enthusiasts.
- Hypothesis: The property's appeal is strongly geared towards buyers seeking a tranquil, scenic rural lifestyle rather than urban convenience, suggesting that future value appreciation will be driven more by the preservation of natural beauty and the development of niche tourism or remote work infrastructure, rather than traditional transport links.
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.