Land makes over €18,850/acre


A neighbouring farmer placed the highest bid.

Land makes over €18,850/acre

  • ADDED
  • 2 mths ago

A neighbouring farmer placed the highest bid.

A C. 7-are roadside holding in Lodgewood, Ferns, Enniscorthy, Co. Wexford was sold by public auction on Wednesday ( March 6th).

Some thirty people flocked to Quinn Property’s Carnew office.

The land was in one division with good road frontage, free draining soil and is currently in tillage but suitable for any agricultural use, according to David Quinn - Auctioneer.

Prior to the public auction, the auctioneer said given its road frontage and location it may be suitable for a residential site; the property was guided at €85,000 (€12,143 per acre).

The Sale

A bid of €70,000 got proceedings underway and through the activity of four bidders, the property was declared on the market at €110,000.

Following this, a further bidder entered the fray. Ultimately, the hammer fell at €132,000 (€18,857/acre) with a neighbouring farmer making the highest bid.

“The strength of the land market”

Speaking after the auction, David Quinn described how “this sale highlights the strength of the land market, particularly for smaller parcels.”

He also noted the “strong demand for similar properties in the North Wexford area.”

Image source: Quinn Property

Similar Articles

Comments


The Marts Forecast
The Marts Forecast
Click to View Weekly Mart Schedules
SELECT LIVESTOCK

Cattle Marts Scheduled Nationwide

Monday

  • Birr
  • Carrigallen
  • Granard
  • Elphin
  • Inishowen
  • Manorhamilton
  • Stranolar
  • Tuam

Tuesday

  • Ballina
  • Ballyjamesduff
  • Drumshambo
  • Ennis
  • Enniscorthy
  • Fermoy
  • Nenagh

Wednesday

  • Athenry
  • Ballinrobe
  • Elphin
  • Granard
  • Kilrush
  • Nenagh

Thursday

  • Ballymote
  • Birr
  • Castlerea
  • Drumshambo
  • Ennis
  • Kilkenny
  • Raphoe

Friday

  • Donegal
  • Gort
  • Kilfenora
  • Roscommon
  • Roscrea
  • Tullow

Saturday

  • Balla
  • Carnew
  • Carrigallen
  • Dowra
  • Loughrea
  • Maam Cross
  • Mohill
  • New Ross
  • Scariff
  • Tullow

Sheep Marts Scheduled Nationwide

Monday

  • Ballyjamesduff
  • Carrigallen
  • Elphin
  • Fermoy
  • Kilkenny
  • Raphoe

Tuesday

  • Athenry
  • Ballina
  • Donegal
  • Ennis
  • Inishowen
  • Tuam
  • Tullow

Wednesday

  • Ballinrobe
  • Enniscorthy
  • Gort
  • Manorhamilton
  • Roscommon
  • Roscrea
  • Stranorlar

Thursday

  • Ballymote
  • Carnew
  • Loughrea

Friday

  • Dowra

Saturday

  • New Ross
  • Maam Cross

Dairy Marts Scheduled Nationwide

Monday

  • Kilkenny

Tuesday

Wednesday

  • Enniscorthy (2nd Wednesday Of Month)

Thursday

Friday

  • Fermoy

Saturday

Calf Marts Scheduled Nationwide

Monday

Tuesday

  • Kilkenny

Wednesday

  • Enniscorthy

Thursday

Friday

Saturday