Birr house was Offaly’s biggest sale
The sale of one of Birr's most handsome 19th century houses was the largest single property transaction in Offaly last year.
According to data from the Property Price Register that was analysed by property website MyHome.ie, 11 Oxmantown Mall, an early 19th century Gothic home, was sold for €1.2m in March last year.
It was well ahead of the second largest transaction, which was the sale of the Clover Court Retirement Village in Shinrone for €812,030 in December.
Other large one-off sales included the sale of Corkhill House in Corkhill, Clara for €530,000 in January and 2 Clonminch Avenue in Tullamore for €510,000 in August.
As of the Property Price Register update of February 5th, just over €110.2 million had been spent on property last year in Offaly.
There were 691 sales recorded as of that date, which was up 5% on the 658 transactions recorded in the county in 2018.
Angela Keegan, Managing Director of MyHome.ie, said that the analysis confirmed a trend of significant activity in commuter counties.
“We knew from our analysis of the Property Price Register for the first half of 2019 that activity in commuter counties was sharply rising, and our analysis this time round proves that this trend continued throughout the year.
“The affordability of properties in the counties around Dublin is proving to be extremely popular especially with first-time buyers who are constrained due to the Central Bank’s mortgage lending rules,” she said.