The Residence, Kilmovee, Co. Mayo, F45 PK58
3 homes sold nearby. See what they went for — and what to bid on this one.
€287,000 · 5 Bed · 2 Bath · 169m² · Detached
Market Position
Significantly Above Local Sales
At €287,000, this home is priced well above what similar properties sold for in this area. Overpayment risk is high. A structured bid strategy is critical. Percentile unavailable (insufficient asking-price comps) — using median positioning only.
3 closed sales nearby · 20mo 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. Size-adjusted for similar homes (type match, beds ±1, size ±20%). 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. Median anchored to size-similar transactions.
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 — size-adjusted.
Financial Exposure · 104% 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
€287,000
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
3
Transactions Analysed
Within 5.0km
20 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 |
|---|---|---|---|
| Ranagissaun, Kilmovee, Co Mayo, Mayo | 2024-12-17 | 175m² | |
| 1 Maheraboy, Kilmovee, Co Mayo, Mayo | 2025-08-27 | 126m² |
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 Opportunity: Upgrading the E1 BER rating to a B2 could cost an estimated €8,000-€12,000 but is projected to increase the property's value by €15,000-€20,000 based on typical market premiums for improved energy efficiency.
Cost of Inefficiency: The E1 BER rating implies higher annual energy costs, estimated to be around €1,800-€2,200, compared to €800-€1,200 for a comparable B-rated property.
Generous Size: With 169.0m² and 5 bedrooms, the property offers a substantial living space, which is generally a positive attribute for family buyers, though its configuration needs to be assessed against local preferences.
Hypothesis: The significant investment required to improve the BER rating from E1 to a competitive B-rated standard suggests that the current asking price may not adequately reflect the cost of essential energy efficiency upgrades needed to maximize resale value.
Amenities
Limited Public Transport: Based on the location in Kilmovee, Co. Mayo, direct access to specific bus routes, train stations, Luas, or DART lines is not readily available, suggesting a reliance on private transport.
Basic Local Services: While specific schools, shops, and healthcare facilities for Kilmovee require detailed local investigation, rural areas typically offer fewer immediate options compared to urban centers, potentially impacting convenience.
Walkability Factors: Rural settings like Kilmovee generally offer limited formal pedestrian infrastructure; walkability would likely be confined to local roads and informal paths, with nearby parks or dedicated walking routes needing specific identification.
Hypothesis: The property's location in Kilmovee, Co. Mayo, likely presents a trade-off between lower property prices and reduced access to a comprehensive range of public transport, specialized educational institutions, and diverse lifestyle amenities typically found in larger towns or cities.
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.