Main Street, Shinrone, Co. Offaly, R42 KX07
3 homes sold nearby. See what they went for — and what to bid on this one.
€140,000 · 3 Bed · 1 Bath · 120m² · Semi-D
Market Position
Below Typical Sale Prices
At €140,000, this home is priced below what similar properties sold for in the area. Favourable entry conditions — but consider a structural survey before committing. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
3 closed sales nearby · 24mo 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 3 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
3 verified closed sales within 5.0km · 36 months. Filters broadened to increase sample size.
Asking price is positioned below the median of comparable sales, suggesting favourable entry conditions.
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.
Statistical Confidence · Low
3
Transactions Analysed
Within 5.0km
24 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 · 3 Transactions
Size and time adjustments applied before percentile computation.
| Address | Sold | Date | Size |
|---|---|---|---|
| 13 Castle Court, Shinrone, Offaly, Offaly | 2024-02-02 | 91m² | |
| 1 The Valley, Shinrone, Birr, Offaly | 2024-07-04 | 761m² |
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 Improvement Potential: Upgrading the F BER rating to a C1 or B2 rating would likely cost €10,000-€15,000 and could increase the property's value by €18,000-€25,000, representing a strong return on investment.
Energy Cost Disparity: With an F BER rating, annual energy costs are estimated to be €2,000-€2,600, compared to €900-€1,300 for a B2-rated property of similar size in the area, a difference of €1,100-€1,300 annually.
Size Efficiency: At 120m², the property offers a reasonable size for a 3-bedroom semi-detached home, aligning with the typical configuration but offering less space than some larger properties that might command higher prices.
Hypothesis: The significant price gap between the estimated value (€158,762) and the asking price (€140,000) might be partially explained by the poor F BER rating, implying that a buyer would need to factor in substantial upgrade costs, potentially exceeding the initial asking price savings.
Amenities
Transport Connectivity: Shinrone is primarily served by local roads, with the nearest significant public transport options likely requiring travel to larger towns like Birr or Tullamore, impacting commuter convenience for Dublin-based work.
Local Services: The property is located on Main Street, suggesting proximity to local shops and essential services within Shinrone village, enhancing walkability for daily needs.
Healthcare Access: While specific facilities are not listed, rural locations like Shinrone typically rely on local GP clinics and pharmacies, with larger hospitals likely situated in nearby towns such as Tullamore.
Hypothesis: The lack of direct public transport links from Shinrone to major urban centers like Dublin means that the property's appeal is primarily for those seeking a rural lifestyle or working remotely, limiting its market reach and potentially capping its value growth compared to better-connected areas.
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.