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Inchigaggin House, Inchigaggin Lane, Model Farm Road, Carrigrohane, Co. Cork, T12 C66X

23 homes sold nearby. See what they went for — and what to bid on this one.

€445,000 · 4 Bed · 2 Bath · 250m² · Detached

Market Position

Below Typical Sale Prices

At €445,000, 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.

9 The Crescent, Westgate Rd, Bishopstown, Cork
37 Melbourn Rd, Bishopstown, Cork, Cork

23 closed sales nearby · 11mo recency · High confidence · Property Price Register

Built from verified nearby closed sales, adjusted for time, size and property match.
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 €445,000, 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 €22,250 before interest.

Analysing 625,000+ Property Price Register transactions since 2010.

What your report includes

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Before You Bid

Before you bid €445,000, see this.

Here is what the data says about this property.

Will This Go Over Asking?

Very High Likelihood
81%probability of going
above asking

Am I Overpaying?

Low Risk
2thpercentile of
local sales
Well below average for the area

Negotiation Leverage Score

Buyer Has Leverage
50/100

These signals interact — full analysis in report.

€22,250

That's what overbidding by just 5% on a €445,000 home costs you — before interest.

A €19 check before a €445,000 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

Opening offer — what to say first
Best-and-Final position for sealed bids
Walk-away ceiling — when to stop bidding
Escalation strategy & bid increments
Adjusted comparable sales
Price distribution & market momentum
Flood check & planning applicationsPro
Downside risk & deposit equity scenariosPro

Based on 23 verified local sales · High confidence

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Price Distribution Analysis

23 verified closed sales within 3.0km · 18 months. Size-adjusted for similar homes (type match, beds ±1, size ±20%). Filters broadened to increase sample size.

Ask
€174k€1.6m
Asking €445,000Size-adjusted median Size-adj. Range Unlock exact local price anchors used to calculate your bid strategy.

Asking price is positioned below the median of comparable sales, suggesting favourable entry conditions. 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

Local Market Momentum

+1.2%year-on-year

Unlock to adjust radius, timespan, and comparison window.

Radius: 3.0kmTime: 18m12m vs 12m

Median transaction price per m² has increased 1.2% year-on-year, based on the trailing 18-month transaction window.

Local pricing conditions remain stable. No significant directional pressure.

Recent closed sales are time-adjusted to current market conditions before calculating transaction bands.

Statistical Confidence · High

23

Transactions Analysed

Within 3.0km

11 months

Data Freshness

Most recent sale age

±20%

Price Spread

How much prices vary

High

Confidence Level

Recent sale prices in this area are closely clustered, which means the data is reliable and the bid strategy is well-supported.

High data density supports precise entry positioning.

PPR closed sales · size & time adjusted · no asking prices used

Supporting Evidence · 23 Transactions

Size and time adjustments applied before percentile computation.

AddressSoldDateSize
9 The Crescent, Westgate Rd, Bishopstown, Cork2025-07-01160m²
37 Melbourn Rd, Bishopstown, Cork, Cork2026-01-09165m²
21 more transactions in full report

Transactions within a 3.0km radius and 18-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

Full methodology →

Local Market Notes

Property Quality

BER Upgrade Essential: With a BER G rating, upgrading to a B2 rating for this 250m² detached property would cost an estimated €25,000-€45,000, but could increase its market value by €40,000-€60,000, making it a sound investment.

High Energy Costs: The current BER G rating implies annual energy costs for a 250m² home could be in the range of €4,000-€6,000, significantly higher than the €1,200-€2,000 for a comparable B2-rated property, representing a potential annual saving of €2,800-€4,000 post-upgrade.

Generous Proportions: At 250m² with 4 bedrooms, this detached property offers significantly more space than the median 3-bedroom, 2-bathroom homes typical in the 5km radius, catering to larger families or those seeking expansive living.

Hypothesis: While currently boasting generous size, the BER G rating will increasingly become a deterrent for environmentally conscious buyers and those seeking lower running costs, potentially limiting its future market appreciation unless significant energy efficiency improvements are made, turning a potential liability into a strong asset.

Amenities

Excellent Bus Connectivity: Inchigaggin House benefits from excellent public transport, with Bus Éireann routes 205 (serving MTU/UCC and Cork city centre) and 208 (serving Bishopstown/Wilton and Cork city centre) readily accessible from Model Farm Road, providing direct links to key destinations.

Education & Healthcare Hub: The property is ideally situated near major institutions including Munster Technological University (MTU), University College Cork (UCC), Cork University Hospital (CUH), and Bon Secours Hospital, alongside local schools like Gaelscoil Uí Ríordáin and Model Farm Road Campus National School, offering comprehensive facilities.

Lifestyle & Retail Rich: Residents enjoy convenient access to lifestyle amenities, with Wilton Shopping Centre, Lidl, Aldi, and Tesco in Bishopstown/Wilton providing retail options, while the scenic Lee Fields offer popular walking routes along the River Lee for leisure and recreation.

Hypothesis: The property's location along Model Farm Road, at the nexus of major educational, healthcare, and retail hubs, ensures enduring desirability, as these foundational amenities attract a consistent demographic of professionals and families, insulating property values against broader economic fluctuations more effectively than less strategically located areas.

Derived from nearby closed-sale patterns.

Built on verified Irish public data

Property Price Register

Property Price Register

625,000+ verified closed sales

SEAI

SEAI

Building energy ratings & floor area

Office of Public Works

Office of Public Works

Flood zones, events & study areas

MyPlan.ie

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 flood extent mapping (CFRAM fluvial + NCFHM coastal) and historical flood events. Planning activity is sourced from the National Planning Application Database via MyPlan.ie — merged Local Authority planning registers from the Department of Housing. No asking prices, no agent estimates, no automated valuations.