Planning has gone up on Fernside by the new owner Philip Gannon (D14A/0599).
Looking to do some basic work (new garage plus a hideous looking iron gate in my view).
Fernside came to market in 2008 and in 2013 - both times claiming to be on “2 acres”.
Fernside’s 2015 planning confirms that Fernside is on a 0.4147 ha (1.0 acres) site !!!
(architects seem less dishonest than EAs - not necessarily a great boast)
(house is 580sq m / 6,200 sq ft. and not 7,000 sq ft.)
I have heard of rounding up but that is really ridiculous (and hardly legal in my view ???).
Fernside’s claim to offer 2 Acres + Large Period House + Off Killiney Hill Road for c 2.0m, caused havoc with pricing of others at the time. In hindsight should have checked the planning of neighbouring Cliff House (massive renovation in the naughties), which despite being on a much bigger site, is recorded at c. 1.5 acres in its planning docs.
The Planning websites really are a great addition in doing diligence on houses (esp. vs. unscrupulous agents)
Acres aside, the buyer of Fernside still got a very good deal by any standards, for example:
Fernside @ 2.075m = 28% of 2007 peak asking of 7.5m (this probably right vs. neighbouring Cliff House earlier sale price).
Eirene @ 1.35m = 23% of 2007 peak asking of 6m (asking was high, being so close to DART an issue).
Dromeen @ 600k = 32% of Mar 2005 sale price of 1.9m (peak would have been c. 2.2m or 6.5m an acre, giving 27%).
Buena Vista @ 1.1m = 22% of Mid 2004 sale price of 5m (peak would have been c. 6.5m, giving 17%).
Paddock Wood @ 4m 33% of peak valuation of 12m (take off the 1m of remedial costs and the net price was 25% of peak).
Cloneevin @ 2.9m 29% of peak valuation of 10m (well renovated and would be certainly asking up to 10m at peak).
These metrics are similar to benchmark +2m houses on best roads in D4 & D6 fell to in 2012, about c. 25% of peak value.