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Writer's pictureEoin Redmond

Why should I look at the Property Price Register?

Updated: Sep 13, 2022

The Property Price Register was launched in 2010 and sales before then are not registered on the website. It includes the Date of Sale, Price and Address of all residential properties purchased in Ireland since the 1st of January 2010.

Looking at the sold prices of similar properties in the area is a great tool to help you make an offer at the right level. It can be difficult to know where to start so use the Property Price Register as your guide. However, it is important to note that different properties on the same road can be very different. One property may be a 4 bedroom detached house with large gardens and views of the beach whilst at the other end of the street may be a ground floor studio apartment.


Some important things to note about the Property Price Register:

  • It should be clear that the position currently is that all prices on the Property Price Register are VAT exclusive

    • This only impacts new build properties

    • Second-hand properties do not have VAT on them

    • In other words, the prices quoted on the Register exclude the 13.5% VAT applicable in respect of new properties

  • In a small number of transactions included in the Register, the price shown does not represent the full market price of the property concerned for a variety of reasons

    • All such properties are marked **

    • For example, the price declared may reflect the retention of an interest in the property by the previous owner, or the fact that a part or fraction only of the property is being purchased

    • Alternatively, the property may have been purchased at a reduced price under the Affordable Homes Scheme

    • In a very small number of cases, properties may be declared as purchased in exchange for other property, stocks and shares, etc

  • Where a number of apartments are sold for a single price (e.g. Apartments Nos 1 to 15 Oak Drive are sold for €2m), the information on the Register depends on what was filed with the Revenue Commissioners

  • The Authority acknowledges that there may be errors in the data in the Property Price Register

    • The Register is compiled from data which is filed, for stamp duty purposes, with the Revenue Commissioners

    • The data is primarily filed electronically by persons doing the conveyancing of the property on behalf of the purchaser and errors may occur when the data is being filed


We recommend that after you get our Home Hunter Report that you Google some of the addresses listed for properties nearby on the Property Price Register to get an idea of what the property is like on Google Street View. In some cases, you may even find some old estate agent listings!


 

The Home Hunter Report will give you a snapshot of the prices of houses sold in the local area along with over 20 other pieces of information which will be vital to you deciding whether or not to proceed with your interest in a property.


To buy a Home Hunter Report, go to HomeHunterReport.ie and enter in the postcode. It's Property Research Made Easy!


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