Meenacarn, Lettermacaward, Co. Donegal, F94 W6Y6
2 homes sold nearby. See what they went for — and what to bid on this one.
€245,000 · 2 Bed · 1 Bath · 54m² · Detached
Market Position
Limited Transaction Data
At €245,000, 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 · 17mo 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 · 68% 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
€245,000
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
17 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 |
|---|---|---|---|
| Dooey, Lettermacaward, Co Donegal, Donegal | 2023-05-03 | — | |
| Meenagowan, Lettermacaward, Donegal, Donegal | 2024-10-31 | 49m² |
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 Unknown Impact: With a BER rating of 'Pending', the property's energy efficiency is unknown, posing a potential risk for future running costs and resale value compared to properties with known ratings.
Details
- Size Discrepancy: At 54m², this 2-bedroom property is significantly smaller than the median 3-bedroom property sold within 100km (median 3 beds), potentially limiting its appeal to a broader buyer demographic seeking more spacious family homes.
- Potential Value Enhancement: Upgrading from an unknown BER to a C1 rating could cost an estimated €7,000-€10,000 and potentially increase property value by €12,000-€18,000, offering a tangible return on investment.
- Hypothesis: The prevalence of 'Unknown' BER ratings across all analyzed radii (100%, 100%, 100%) indicates a systemic issue in data collection or property disclosure in this region, suggesting that buyers should factor in the cost and effort of obtaining BER assessments as a standard due diligence step, which could reveal hidden value or cost implications.
Amenities
Limited Local Transport: The property's remote location in Lettermacaward, Co. Donegal, means it is not served by any specific named bus routes, Luas, or DART stations within the provided data, severely limiting public transport connectivity.
Details
- Rural Service Access: Basic amenities are likely distant; for example, the nearest supermarket or healthcare facility would likely be a considerable drive from F94W6Y6, requiring a car for daily needs.
- Potential for Scenic Living: While lacking urban amenities, the location offers potential lifestyle benefits associated with rural Donegal, such as proximity to natural landscapes and coastal areas, which appeals to a niche market seeking tranquility.
- Hypothesis: The complete absence of specific public transport data and the lack of named local amenities suggest that this property's market appeal is highly dependent on individual car ownership and a preference for a remote, nature-focused lifestyle, meaning its value is driven by factors like scenic views and privacy rather than proximity to services, which could lead to slower sale times compared to properties with better connectivity.
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.