M1 Logistics Park Lands, Mell, Drogheda. Co. Louth, Drogheda, Co. Louth
0 homes sold nearby. See what they went for — and what to bid on this one.
Price on request · 2 Bed · 2 Bath · 27m² · Site
Market Position
Limited Transaction Data
We cannot reliably position this property — no comparable closed sales were found within 1.5km. 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 0 comparable transactions within 1.5km over the past 18 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.
Statistical Confidence · Low
0
Transactions Analysed
Within 1.5km
—
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
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 B Advantage: A BER rating of B offers competitive energy efficiency, likely resulting in annual energy costs of €800-€1,200, compared to €1,800-€2,200 for a D-rated property of similar size.
Small Site Size: At 27.0m², the site is exceptionally small for a logistics park, potentially limiting development scale and requiring highly specific, compact logistics solutions.
Development Potential: With 2 bedrooms and 2 bathrooms, the site appears to have a pre-existing residential structure, which would require significant conversion or demolition for typical logistics use, impacting development costs.
Hypothesis: The presence of a 2-bed, 2-bath structure on this 27m² site, coupled with a B BER rating, suggests it might be an ancillary building rather than primary logistics land, and its value will be dictated by its potential for conversion or its contribution to a larger land assembly.
Amenities
Transport Access: M1 Logistics Park Lands is adjacent to the M1 motorway, providing excellent connectivity to Dublin Airport (approx. 30 minutes) and Dublin Port (approx. 40 minutes).
Local Services: Drogheda town centre, located approximately 3km away, offers a comprehensive range of retail, dining, and healthcare facilities including Our Lady of Lourdes Hospital.
Educational Facilities: Several primary and secondary schools are within a 5km radius of Drogheda, including St. Mary's Diocesan School and St. Oliver's Community College.
Hypothesis: The strategic location of M1 Logistics Park Lands, with direct M1 access and proximity to Drogheda, positions it as a strong candidate for last-mile delivery hubs, but its utility will depend on specific zoning for logistics use and the presence of direct public transport for potential workers.
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.