Farm Ireland

Saturday 20 January 2018

Wexford land goes for €16,000/ac

Jim O'Brien

Jim O'Brien

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.

Taghmon sale

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A 0.5ac piece with a derelict house and yard sold for €10,000 while across the road a 39.5ac parcel was withdrawn from auction at €325,000 and sold immediately after for a higher figure.

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Situated along a local road between Taghmon and the Duncannon line the lands are 3km from Taghmon village and 2km off the Duncannon line.

The property is 15km west of Wexford town and 12km from the coast.

The holding is divided by the public road with the majority of the land, 39.5 acres, on the eastern side.

This portion is in two fields, which are further sub-divided into nine grazing paddocks with a central roadway leading from the public road giving access to all paddocks.

Mr Quinn said the lands are of excellent quality, currently in grass but also suited to grassland or arable use.

There are substantial cattle handling facilities on the farm in the shape of a large steel cattle pen with dividing areas and cattle crush.

Other amenities include a pump house and private well supplying water to all the paddocks.

The first lot, the 39ac opened at €250,000 and with two bidders showing form it was bid to €325,000 before it was withdrawn.

The parcel sold after auction to a solicitor believed to be acting for a local dairy farmer.

The 0.5ac piece with the derelict buildings sold under the hammer to a local farmer for €10,000.

Indo Farming