Iona House, 2 Farney Street, Carrickmacross, Co. Monaghan, A81 AH31
2 homes sold nearby. See what they went for — and what to bid on this one.
€350,000 · 6 Bed · 4 Bath · 247m² · Terrace
Market Position
Limited Transaction Data
At €350,000, we cannot reliably position this property — only 2 comparable closed sales were found within 5.0km. More local transactions are needed before the data can support a market position estimate.
2 closed sales nearby · 4mo recency · Low confidence · Property Price Register
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 2 comparable transactions 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.
Price Distribution Analysis
2 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.
Financial Exposure · 23% 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
€350,000
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
2
Transactions Analysed
Within 5.0km
4 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 · 2 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 23 O'neill Street, Carrickmacross, Co. Monaghan, Monaghan | 2025-12-19 | 139m² | |
| 25 Foxfield, Carrickmacross, Co Monaghan, Monaghan | 2023-05-09 | 94m² |
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 Efficiency Gap: The E1 BER rating indicates significant potential for improvement; upgrading to a C1 BER could cost an estimated €10,000-€15,000 and potentially increase the property's value by €20,000-€25,000.
Details
- Size and Value Proposition: At 247m², this is a very large property for the local market, but its E1 BER rating could diminish its appeal and potentially limit its value compared to similarly sized but more energy-efficient homes.
- Value Optimization Opportunity: Investing in BER improvements from E1 to a B2 rating, estimated at €12,000-€18,000, could lead to annual energy cost savings of approximately €1,000-€1,500 compared to its current rating, offering a tangible return on investment.
- Hypothesis: Given the E1 BER rating and the property's substantial size, the market may be discounting its potential value due to perceived higher running costs. Focus on specific upgrades targeting insulation and heating systems that offer the best return on investment and a tangible improvement in BER rating could unlock significant market appeal.
Amenities
Transport Connectivity: Carrickmacross is served by Bus Éireann routes 175 and 176, providing links to Dundalk and Cavan towns, with the nearest train station being Dundalk (approx. 20km away).
Details
- Local Services: Residents have access to essential services including St. Joseph's National School, Gaelscoil Lir, and Carrickmacross Garda Station, with larger retail options in Dundalk.
- Walkability and Recreation: The property is within walking distance of Carrickmacross town centre, offering local shops, pharmacies, and the Carrickmacross Workhouse which serves as a historical and cultural amenity.
- Hypothesis: While Carrickmacross offers local amenities, its reliance on bus services for onward travel and the distance to major rail hubs may create a commuter challenge for those seeking direct access to larger urban centres, suggesting a premium is placed on properties within Carrickmacross that offer excellent local amenities and potentially a more rural lifestyle.
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.