Wexford land goes for €16,000/ac
Published 28/10/2015 | 02:30
A strong price of €16,250/ac was paid for Co Wexford land last week when auctioneer David Quinn sold an 8ac parcel at Boleybaun, Inch near Gorey for €130,000.
The land is located along the old N11, 500 metres from Inch and five minute's drive from Gorey.
Divided into two divisions the holding has good road frontage and is currently in grass. It was recently reseeded and is suited to both arable and grassland use and, according to Mr Quinn, it may be possible to put a house on the property, subject to the relevant planning permission.
Proceedings opened at auction when Mr Quinn accepted a bid of €70,000.
With two bidders in the chase the place was put on the market at €125,000 and sold for €130,000 to a young local couple with farming interests.
Mr Quinn also successfully concluded the sale of a 40ac farm in two lots located at Coolraheen, Taghmon between Wexford town and the coast.
A 0.5ac piece with a derelict house and yard sold for €10,000 while across the road a 39.5ac parcel was withdrawn from auction at €325,000 and sold immediately after for a higher figure.