Inis Mara, Slievemore, Sherkin Island, Co. Cork, P81 V327
5 homes sold nearby. See what they went for — and what to bid on this one.
€495,000 · 4 Bed · 3 Bath · 1847m² · Detached
Market Position
Priced Within Local Sold Range
At €495,000, this home is priced within the typical range of 5 recent closed sales nearby. There's room to negotiate — seller leverage is 5.6/10. If bidding heats up, you'll need a clear ceiling to avoid overpaying.
5 closed sales nearby · 25mo 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 €495,000, get your opening offer, best-and-final range, and walk-away ceiling.
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Overbidding by 5% could cost €24,750 before interest.
Analysing 625,000+ Property Price Register transactions since 2010.
What your report includes
€24,750
That's what overbidding by just 5% on a €495,000 home costs you — before interest.
A €39 check before a €495,000 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 5 verified local sales · Low confidence
Instant access · No subscription · Refund if not useful
€39 for your strategy on a €495,000 home. Independent valuations start at €150 — same data source, fraction of the cost.
Price Distribution Analysis
5 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.
The chart shows the market. Your report gives the number not to exceed.
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Statistical Confidence · Low
5
Transactions Analysed
Within 5.0km
25 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 · 5 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Kilmoon, Sherkin Island, Baltimore, Cork | 2024-11-25 | 133.8m² | |
| 4 Feithleann Geal, Farrancoush, Sherkin Island, Cork | 2024-03-01 | 139m² |
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
Energy Efficiency Advantage: With a BER C rating, this property offers better energy efficiency, potentially saving annual energy costs by €600-€900 compared to D-rated homes of similar size, where annual costs might be €1,800-€2,200.
Expansive Living Space: Spanning 1847m² with 4 bedrooms and 3 bathrooms, this property is exceptionally large, far exceeding the median 3-bed, 2-bath configuration seen in properties sold within a 10km radius.
Generous Proportions: The property's 4 beds and 3 baths provide a highly functional layout for families or those seeking substantial space, contrasting sharply with the smaller 2.5-bed, 1.5-bath median found in the immediate 5km radius.
Hypothesis: The property's significant size and desirable bedroom/bathroom count, coupled with its detached type, positions it as a rare find in the local market, appealing to a premium segment of buyers seeking spacious island living.
Amenities
Island Connectivity: Access to Sherkin Island is primarily via a dedicated ferry service from Baltimore, Co. Cork; direct bus routes, train stations, Luas, or DART are not available on the island itself.
Local Education Access: The property is served by Sherkin National School for primary education, with secondary and further education facilities typically located on the mainland in areas like Skibbereen.
Leisure & Natural Beauty: Residents benefit from on-island amenities such as The Jolly Roger and The Islander's Rest pubs, scenic walking routes, and various beaches, offering a unique lifestyle focused on tranquility and natural surroundings.
Hypothesis: The unique, self-contained island lifestyle, while limiting typical urban amenities and transport, creates a strong appeal for buyers prioritizing tranquility, community, and natural beauty over traditional urban conveniences, thus commanding a distinct market value.
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.