Ranamackan, Tynagh, Loughrea, Co. Galway, H62 PY04
0 homes sold nearby. See what they went for — and what to bid on this one.
€20,000 · 2 Bed · 2 Bath · 2m² · Site
Market Position
Limited Transaction Data
At €20,000, 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 Rating Advantage: The BER rating of B offers good energy efficiency, positioning it favorably compared to older, lower-rated properties in terms of potential energy cost savings.
Space Inefficiency: The stated size of 2.0m² is exceptionally small, likely indicating a land parcel rather than a habitable dwelling, which significantly limits its utility and comparable value to standard residential properties.
Development Potential: As a site, its primary quality lies in its development potential rather than existing features; the current 'B' BER rating is likely assigned to a pre-existing structure or a notional dwelling, requiring detailed planning assessment.
Hypothesis: Given the 'site' designation and the minuscule 2.0m² size, the B BER rating is likely aspirational or related to a very small existing structure, meaning the actual build cost and timeline to achieve habitable status with a comparable BER to the €230,068 median sales could exceed €200,000, making the €20,000 asking price a fraction of the total investment required.
Amenities
Connectivity Assessment: Ranamackan, Tynagh, Loughrea, Co. Galway, H62PY04 is located in a rural area. Specific bus routes, train stations (e.g., Attymon, Woodlawn), Luas, or DART stations are not immediately accessible, requiring significant travel to larger towns for public transport.
Local Services: The area's amenities are limited; while Loughrea town offers shopping, schools like St. Brigid's National School, and healthcare facilities such as Loughrea Primary Care Centre, these are not within immediate walking distance.
Family Facilities: Childcare options and family services are likely concentrated in Loughrea town, meaning residents would need to commute for such provisions.
Hypothesis: The rural location of Tynagh suggests that future infrastructure development, such as improved public transport links or enhanced local services, would be a significant catalyst for increasing the site's value and appeal, transforming it from a speculative land holding into a more desirable residential location.
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.