Legend of the hangman doesn't haunt Westmeath land as it makes €265,000
Published 04/10/2016 | 02:30
Knockeyon Hill on 143ac overlooking Lake Derravaragh at Streamstown in Co Westmeath sold at auction last week making €265,000.
Located about 7km from Castlepollard, 16km from Mullingar and 5km from Crookedwood the property is laid out in one block and is made up of grazing, mature forestry, scrub and about 30ac of hardwood trees planted in 2001.
Knockeyon Hill rises to over 700ft and dominates the surrounding countryside.
Midway from the top of the hill lie the ruins of an ancient chapel purportedly built by St Cauragh. The waters of St Cauragh's Well are believed to have miraculous healing properties.
Legend also has it that three men were hung on the top of the hill and grass never grew there again.
Before an attendance of about 20 people auctioneer Paddy Jordan opened proceedings when he accepted an initial bid of €100,000.
Bidding between two contending customers continued in increments of €5,000 up to €240,000 at which stage the property was placed on the market and with a final push by the two bidders the property was sold for €265,000.
The purchaser was a solicitor acting in trust for an undisclosed client.