Molly'S Cottage, Drummahon, Glencar, Co. Leitrim, F91 H2Y6
2 homes sold nearby. See what they went for — and what to bid on this one.
€225,000 · 2 Bed · 1 Bath · 70m² · Bungalow
Market Position
Limited Transaction Data
At €225,000, 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 · 16mo 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 of comparable sales. 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 · 29% 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
€225,000
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
16 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 |
|---|---|---|---|
| Diffreen, Glencar, Manorhamilton, Leitrim | 2025-03-21 | — | |
| Glebe, Glenade, Kinlough, Leitrim | 2023-10-12 | — |
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 Opportunity: The E1 BER rating indicates a need for substantial upgrades; improving to a B2 rating could cost approximately €15,000-€20,000 but potentially increase the property value by €25,000-€30,000.
High Energy Costs Implication: With an E1 BER, annual energy costs are estimated to be between €2,200-€2,800, compared to €900-€1,300 for a B-rated property of similar size, representing an annual saving of €1,300-€1,500 with improvements.
Compact Living Space: At 70.0m², this 2-bedroom bungalow offers a functional but compact living space, which may appeal to smaller households or those prioritizing lower maintenance, but could be a limitation for larger families.
Hypothesis: The E1 BER rating, while currently a detractor, presents a significant value-add opportunity for a buyer willing to invest in energy efficiency, potentially yielding a higher return on investment than the initial upgrade costs due to increased market desirability and reduced running expenses.
Amenities
Limited Public Transport: As Molly's Cottage is in Drummahon, Glencar, Co. Leitrim, it is unlikely to be served by direct Dublin Bus routes, Luas, or DART stations; residents would likely rely on private transport. The nearest public transport options would typically be local rural bus services, if any.
Rural Lifestyle Focus: The property is situated in a rural setting in County Leitrim, meaning key amenities like major shopping centers, hospitals, and a wide range of educational institutions will be located in larger towns such as Carrick-on-Shannon (approx. 30km drive) or Sligo (approx. 40km drive).
Low Density Living: With only 4 properties counted within a 1km radius, this suggests a very low-density, rural environment, offering tranquility but likely limited immediate access to convenience services like multiple restaurants, cafes, or readily available childcare facilities.
Hypothesis: The property's isolated location in Co. Leitrim, while offering peace, implies a strong reliance on private vehicle ownership for accessing essential services and employment, which could limit its appeal to a specific buyer profile less sensitive to commute times and seeking a secluded lifestyle.
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.