A 77ac farm at Ballyorley, Ferns, Co Wexford sold for €1.12m (€14,545/ac) when it went to auction on 8 July. The auction was due to take place in Quinn Property's Carnew office, but was relocated to the main ring in Carnew Mart in order to facilitate proper social distancing for a turnout of 50 people on the day.
The land is laid out in three divisions with about half the farm in grass and the remaining half in tillage. The holding contains a yard with a range of sheds and outbuildings. The land was offered in the following lots:
Prior to auction, the property carried a guide price of between €800,000 and €900,000.
Bidding for lot one peaked at €550,000 with three active bidders. Lot two reached €260,000.
Lot three (the entire) was then revisited after reaching €800,000 initially. The opening bid on lot three was €850,000. It is understood that two farmers, both of whom had land adjoining the property, bid it to a final offer of €1,120,000 and the hammer fell. The purchaser is an adjoining dairy farmer.
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