Knockananny Cottage, Knockananny, Garranard, Ballina, Co. Mayo, F26 CD0H
4 homes sold nearby. See what they went for — and what to bid on this one.
€120,000 · 2 Bed · 1 Bath · 54m² · Detached
Market Position
Significantly Above Local Sales
At €120,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high. A structured bid strategy is critical. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
4 closed sales nearby · 29mo 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 4 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
4 verified closed sales within 5.0km · 36 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.
Financial Exposure · 54% 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
€120,000
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
4
Transactions Analysed
Within 5.0km
29 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 · 4 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Tawnywaddyduff, Moygownagh, Crossmolina, Mayo | 2023-12-11 | 94.4m² | |
| Cloonoragh, Crossmolina, Mayo, Mayo | 2025-02-21 | — |
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
Significant BER Upgrade Potential: With a G BER rating, upgrading to a C2 rating is estimated to cost between €10,000 - €15,000 and could increase the property's value by €18,000 - €25,000, presenting a clear value-add opportunity.
Compact Living Space: At 54m², this 2-bedroom cottage offers compact living, which is aligned with its price point but may be smaller than the average detached property size in the wider region.
Costly Energy Inefficiency: The G BER rating implies high annual energy costs, estimated at €2,500 - €3,500, compared to €1,000 - €1,500 for a C-rated property of similar size, highlighting an immediate operational expense.
Hypothesis: The substantial investment required to significantly improve the G BER rating to a more marketable C or B standard indicates that this property may appeal more to renovators or those with a long-term view, rather than a buyer seeking immediate move-in readiness with lower running costs.
Amenities
Limited Local Transport: Transport connectivity is sparse, with no specific bus routes, train stations, Luas, or DART stations directly serving Knockananny; travel would necessitate private transport or significant reliance on local taxis.
Basic Local Services: The immediate vicinity of Knockananny is rural, suggesting limited access to specific shops, restaurants, or cafes; residents would likely travel to nearby Ballina for most retail and dining needs.
Rural Lifestyle Amenities: While lacking urban amenities, the location offers a tranquil, rural lifestyle with potential access to local walking routes and natural landscapes, appealing to those seeking a quieter pace of life.
Hypothesis: The lack of direct public transport and limited local amenities means this property's appeal will be highly segmented, attracting buyers specifically prioritizing rural tranquility and self-sufficiency over convenience and connectivity, thereby limiting its broad market appeal.
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 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.