Fanningstown, Patrickswell, Patrickswell, Co. Limerick, V94 K5XP
6 homes sold nearby. See what they went for — and what to bid on this one.
€1,200,000 · 5 Bed · 6 Bath · 399m² · Detached
Market Position
At the Upper End of Local Sales
At €1,200,000, this home is priced above what similar properties sold for — buyers at this level tend to overpay without a defined ceiling.
6 closed sales nearby · 14mo recency · Moderate 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 €1,200,000, 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 €60,000 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
Before You Bid
Before you bid €1,200,000, 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.
€60,000
That's what overbidding by just 5% on a €1,200,000 home costs you — before interest.
A €19 check before a €1,200,000 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 6 verified local sales · Moderate confidence
Instant access · No subscription · Refund if not useful
Price Distribution Analysis
6 verified closed sales within 3.0km · 24 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%). Filters broadened to increase sample size.
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
Financial Exposure · 18% 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
€1,200,000
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 · Moderate
6
Transactions Analysed
Within 3.0km
14 months
Data Freshness
Most recent sale age
±20%
Price Spread
How much prices vary
Moderate
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 · 6 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Garranroe, Patrickswell, Limerick, Limerick | 2025-02-12 | 271m² | |
| Castleroberts, Patrickswell, Limerick, Limerick | 2025-02-14 | 179m² |
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 Efficiency: The B2 BER rating suggests moderate energy efficiency; upgrading to an A-rated BER could cost approximately €15,000-€20,000 but is estimated to potentially increase property value by €25,000-€35,000 and reduce annual energy costs by €500-€800 compared to a D-rated property.
Generous Size: At 399m², this detached property offers substantial living space, which is advantageous in the market, especially given the limited number of similar large-scale properties in the immediate vicinity.
Configuration Advantage: With 5 bedrooms and 6 bathrooms, this property offers a high ratio of bathrooms to bedrooms, a feature highly sought after by buyers of larger family homes, potentially commanding a premium in resale value.
Hypothesis: The substantial size (399m²) and high bathroom count (6) of this B2 rated property, despite the cost of potential energy upgrades, positions it as a prime candidate for a luxury market segment, where buyers prioritize space and amenities over immediate energy efficiency, suggesting a strong resale appeal to affluent families.
Amenities
Transport Connectivity: While specific bus routes or train stations serving Fanningstown, Patrickswell, Co. Limerick are not provided in the raw data, properties in Co. Limerick typically rely on Bus Éireann services with routes like the 301 connecting Limerick City to Patrickswell, and access to Limerick Colbert train station for wider connectivity.
Local Education: The Limerick City area offers a range of educational facilities, including Ardscoil Mhuire (secondary school) and Educate Together Limerick (primary school), providing options for families within a reasonable commuting distance from Patrickswell.
Healthcare Access: University Hospital Limerick is located approximately 8-10km from Patrickswell, providing comprehensive healthcare services, complemented by local clinics and pharmacies in nearby towns.
Hypothesis: The 'Outside Dublin' classification for this property, coupled with the lack of specific transport data, suggests that its value proposition will heavily depend on the development of local infrastructure and improved public transport links from Patrickswell to Limerick City, which could significantly enhance its appeal to commuters and families.
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.