Farm Ireland

Thursday 22 March 2018

€200k for modest Milltown parcel

Jim O'Brien

Jim O'Brien

"All the smaller properties we had on our books for the last 11 months and more have moved since the start of the year," according to Alan Kinsella of Co Wicklow estate agents Kinsella Estates.

"Whether the banks are giving out more money or whether people have the cash and are now willing to spend, I don't know," he added.

Mr Kinsella was reflecting on the sale of an 18ac parcel of land at Milltown, Dunlavin that sold after auction for €200,000.


Described as a well kept piece of rented ground with plenty of frontage on to the Rathsallagh road out of Dunlavin, the land is all in grass and attracted a lot of interest.

When the auction opened at €180,000, bidding was confined to two local farmers – the man renting the property and one other.

In increments of €5,000 the price climbed and the land was withdrawn at €180,000.

It sold immediately afterwards for €200,000.

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