Sitewatch: Charleston House, Midleton, Cork, €3.65m

The sale of ten acres of stunningly-set development land around the historic Charleston House, on the edge of East Cork’s Midleton at Ballinacurra, will be one to watch for future trends, and as an indicator of the state of the still dysfunctional housing market, at a time of rapidly-rising house prices.

Of interest will be how many bid, who bids and who ultimately succeeds, where they are come from, either local/Munster or Dublin-based, and as a test of developer appetite and funding sources.