Lackaghmore House, Turloughmore, Lackagh, Co. Galway, H65 YX50
1 homes sold nearby. See what they went for — and what to bid on this one.
€285,000 · 1 Bed · 1 Bath · 192m² · Bungalow
Market Position
Limited Transaction Data
At €285,000, we cannot reliably position this property — only 1 comparable closed sale was found within 5.0km. More local transactions are needed before the data can support a market position estimate.
Sources: PPR, SEAI, OPW, planning records.
Bid Model Unavailable
Not enough closed transaction data for this property.
We found 1 comparable transaction 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.
Financial Exposure · 75% 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
€285,000
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
1
Transactions Analysed
Within 5.0km
32 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 · 1 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| Carheenlea, Turloughmore, Co Galway, Galway | 2023-08-11 | — |
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 Rating Concern: The BER rating is listed as 'Unknown' (SI_666), meaning its energy efficiency is not quantified and likely below average, potentially leading to higher heating costs than properties with known ratings.
Details
- Size Mismatch: At 192m², this 1-bedroom bungalow is exceptionally large for its bedroom count, suggesting a potential inefficiency in its current layout for a typical buyer and potentially higher maintenance costs for the usable space.
- Upgrade Opportunity: Given the unknown BER, a significant investment in insulation, heating systems, and double glazing, estimated at €10,000-€20,000, could improve its energy rating and future value by €15,000-€25,000, moving it closer to the €330,000 median sale price within 50km.
- Hypothesis: The substantial size of this 1-bedroom bungalow, coupled with an unknown BER, presents a unique opportunity for a buyer willing to undertake renovation and modernization; this could transform the property into a highly desirable, energy-efficient dwelling with a significant value uplift, potentially exceeding the €312,330 estimated value if upgrades align with market preferences for larger, higher-spec homes.
Amenities
Connectivity Limitations: The property's rural location in Lackagh, Turloughmore, means direct access to public transport is limited, with no specific bus routes or train stations mentioned as immediately serving the address.
Details
- Local Services Sparse: Access to key amenities such as schools like Gaelscoil Mhainistreach (5km) or supermarkets like SuperValu in Tuam (11km) requires travel, indicating a need for a car for daily needs.
- Limited Walkability: The property is situated in a rural setting with no specific mention of local walking routes or pedestrian infrastructure, suggesting limited on-foot accessibility to shops, cafes, or parks.
- Hypothesis: The property's location, while offering potential for quiet rural living, necessitates a reliance on private transport for most amenities, which may limit its appeal to a broader buyer pool seeking convenience; however, its proximity to Galway City (approx. 20km) means it could appeal to those seeking a rural lifestyle with reasonable commuter access if transport links were to improve.
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.