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Average price paid per acre at auction jumps by 13.5pc in 2022

30pc increase in the volume of farmland sold at auction

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Strong sale: Lumville Stud on 218ac at Edenderry in Co Offaly made €6.8m, exceeding its guide by €2.5m

Strong sale: Lumville Stud on 218ac at Edenderry in Co Offaly made €6.8m, exceeding its guide by €2.5m

Auctions sales from 2022

Auctions sales from 2022

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Strong sale: Lumville Stud on 218ac at Edenderry in Co Offaly made €6.8m, exceeding its guide by €2.5m

The land market in Ireland experienced a bumper year in 2022, driven by a combination of the dairy boom, keen non-farming interest in land and strong performances in other farming sectors.

The year saw a 30pc increase in the volume of farmland sold at auction, with a 48pc increase in the amount of money generated and a 13.5pc rise in the average per-acre price.


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