Meath farm goes for over €12,500 an acre
Published 04/05/2016 | 02:30
A 94ac residential farm (pictured) at Piercetown, Fordstown in Co Meath sold at auction last week for €1.45m surpassing its guide by €350,000. Valuing the house at €270,000 the per acre sale price of the land stands at €12,550.
Located 3km from Kells just off the R164 Athboy road the farm has plenty of road frontage on to a side road and on to the main road. The land is laid out in a series of sizeable grass fields divided with whitethorn hedging. In the main the ground is elevated and naturally draining with water to every paddock and some fine stands of beech trees near the dwelling.
The residence, built in 1999, is a substantial four-bedroom bungalow accessed from a separate entrance through electric gates.
The accommodation includes an entrance hall, two reception rooms, a sunroom, a kitchen, four bedrooms, an ensuite bathroom, a family bathroom and a guest WC. The attic space is converted for walk-in storage and a games room. A car garage is located adjacent to the house.
The yard facilities include a six-bay slatted shed with accommodation for up to 100 animals. Adjoining the slatted shed is a silage pit and next to that an enclosed three-column haybarn.
Also included in the yard is a modern two-bay machinery shed, a traditional stone barn with a cattle crush and pen and an old stone dwelling house with storage on two floors. There is also a stainless steel meal silo and a diesel tank.
At auction auctioneer Raymond Potterton initially offered the farm for sale in lots with the yard and a 93ac parcel of land forming the first lot. This attracted two bidders when it opened at €750,000 and was bid to €780,000 before it was held.
The second lot, the house on 1ac opened at €250,000 and, driven by two bidders, went to €270,000 before it too was withdrawn.