Derrybeg, Clareen, Birr, Co. Offaly, R42 PD95
1 homes sold nearby. See what they went for — and what to bid on this one.
€125,000 · 2 Bed · 1 Bath · 58m² · Detached
Market Position
Limited Transaction Data
At €125,000, we cannot reliably position this property — only 1 comparable closed sale was found within 5.0km. 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 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.
Financial Exposure · 81% 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
€125,000
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 5.0km
27 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 |
|---|---|---|---|
| Fortal, Birr, Co. Offaly, Offaly | 2024-01-11 | — |
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 Rating Cost: Upgrading from a G BER rating to a B2 would likely cost between €20,000 - €35,000 and could increase property value by €30,000 - €50,000, representing a significant investment opportunity.
Details
- Energy Cost Disparity: With a G BER rating, annual energy costs are estimated to be €3,500 - €4,500, compared to €1,000 - €1,500 for B-rated properties of similar size, representing an annual saving potential of €2,500 - €3,000.
- Space Efficiency: The property offers 58.0m² across 2 bedrooms and 1 bathroom, which is below the median of 3 bedrooms and 2 bathrooms within a 100km radius, suggesting a potential configuration mismatch for modern buyer expectations.
- Hypothesis: The current G BER rating presents a significant opportunity for value enhancement, with projected renovation costs of €20,000-€35,000 potentially unlocking a €30,000-€50,000 increase in market value and substantial annual energy cost savings, making it an investment in future-proofing.
Amenities
Transport Connectivity: The property's location in Derrybeg, Clareen, Birr, Co. Offaly, has limited direct public transport, with the nearest significant public transport hub likely requiring travel to Birr town, which is served by Bus Éireann routes like the 149 and 215.
Details
- Local Services Access: Birr town centre, approximately 8km away, offers essential services including supermarkets like Tesco and Aldi, Birr Community Primary School, and health services at the local HSE clinic and pharmacies.
- Limited Walkability: Given its rural designation at Derrybeg, Clareen, the immediate area offers minimal dedicated pedestrian infrastructure or immediate access to local shops, cafes, or parks, necessitating car travel for most amenities.
- Hypothesis: The property's isolated rural setting, with limited immediate public transport and amenities, suggests that its value is highly dependent on private vehicle ownership and a willingness to travel to larger towns like Birr (approx. 8km away) for services and connectivity, which may restrict its appeal to a niche buyer.
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.