The Stores, a landmark property on Dundrum Road at Milltown Bridge, Dublin 14, once owned b y Paddy Moloney of The Chieftains, has come on the market again after a protracted planning battle.

Moloney and his wife, Rita, sold it in 2004, only the second time the property changed hands in 114 years.

The asking price then was €460,000, and when we wrote about it on these pages it was described as needing refurbishment “from top to bottom”. A subsequent owner renovated and extended it and transformed the Stores from distinctive green to bright white. It’s now back on the market asking €585,000 through Sherry FitzGerald.

Now a great-looking three-bed with many of its original features retained, it has been dogged by planning issues. In 2010, Dún Laoghaire-Rathdown County Council granted permission to retain a two-storey extension to the side and rear of the house but said part of the garden was located within lands owned by the council.

There were also some issues about a retaining wall deemed by the council to be visually “overbearing” and “unappealing” when viewed from the public road.

Now with those issues resolved, the house is on the market and looking good. But we wonder if its perennial shortcoming – its proximity to the road, right on a bend – will hamper its appeal. This was mentioned in our 2004 write up, but it was a very different market back then.

While the refurbishment of the property has been factored into the asking price, the theory that house prices are back to 2001-2002 levels doesn’t apply to certain parts of Dublin, where prices seem to be rallying again.