Last Wednesday’s auction of Clonogan House, Clonogan, Clonegal, Enniscorthy, Co. Wexford was “one of the most anticipated in years” according to Quinn Property.
David Quinn – Auctioneer said it is rare that a property of this size and quality comes to the market; he noted that Clonogan House attracted high levels of interest from both locals and those from further afield.
Prior to auction in Mount Wolseley Hotel, Tullow, Co. Carlow, the property had been guided between €2.3 – €2.5 million.
On the day, there was an attendance of over 100 people with the property offered in the following lots:
- “A” Lot 1: C. 104.60- acres;
- “B1” Lot 2: C. 58.024 acres (with a 1/3 share of C. 23-acres of forestry – “B2”);
- “C” Lot 3: C. 58.348-acres and
- “D” Lot 4: C. 24.470-acres.
The property was initially offered in four separate lots and after the first-round bidding, it was making a total of €2,090,000. Bidding on the entire started at €2.2 million and with two bidders in play, it moved onto €2.4 million.
The four separate lots were offered for a second time and moved to €2.2million.
However, at this stage, the lots were withdrawn from the market.
The entire was offered again and, with no further bids, was withdrawn from the market and sold immediately after in excess of €2.5million, according to the auctioneer.
Clonogan House was acquired by a businessman and farmer from the South Wicklow area; in total, there were ten bidders on the day.
Image Source: Quinn Property