Over the last two weeks, the land market has been dominated by large residential farms in the southeast of the country.
The 212 acres for five lots near Kilcotty in Wexford was one of these stand-out properties. It sold at auction in individual lots on Wednesday for almost €2.8m or over €13,200/ac.
The farm was owned by the late John Quinsey. It was previously a beef, sheep and tillage farm.
The property is located circa 2km from Enniscorthy and stretches across the townlands of Kilcotty, Cooladine, Kilpierce and Baurela.
In front of an attendance of 80 people at the Riverside Park Hotel, Enniscorthy, Co Wexford, auctioneer Frank McGuinness of Sherry FitzGerald O’Leary Kinsella, offered the five individual lots to the auction room.
The first lot is located in Kilcotty and is by far the most comprehensive. Totalling 134 acres, it contains a residence and an extensive farmyard. The residence here is a four-bedroom traditional farmhouse. The land here is top-quality. It is in one compact block and is presented in an estimated 65 acres of grass and 65 acres in tillage.
Acres: 134
Opened: €1m or €7,500/ac
Put on the market: €1.45m or €10,800/ac
Selling price: €1.71m or €12,800/ac
Status: sold under the hammer
Bidders: three
Buyer: neighbouring tillage farmer
The first lot is located in Kilcotty sold for €1.71m or €12,800/ac.
The residence in lot one of the property.
Lot two is located in Ballybeg and Baurela. It is 44 acres in total with 35 acres of this in tillage.
Acres: 44
Opened: €300,000 or €6,800/ac
Put on the market: €420,000 or €9,500/ac
Selling price: €555,000 or €12,600/ac
Status: sold under the hammer
Bidders: three
Buyer: neighbouring tillage farmer
Lot two is 44 acres located in Ballybeg and Baurela. It sold for €555,000 or €12,600/ac
This parcel is 16.5 acres in total and is located in the townland of Kilpierce. This is a super piece of ground and currently is all under tillage in one large field
Acres: 16.5
Opened: €150,000 or €9,100/ac
Put on the market: €255,000 or €15,500/ac
Selling price: €280,000 or €17,000/ac
Status: sold under the hammer
Bidders: four
Buyer: neighbouring tillage farmer
Lot three: This parcel is 16.5 acres in total and is located in the townland of Kilpierce. It sold for €280,000 or €17,000/ac
This holding is also laid out in one field with extensive road frontage and is currently under tillage
Acres: nine
Opened: €80,000 or €8,900/ac
Put on the market: €80,000 or €8,900/ac
Selling price: €80,000 or €8,900/ac
Status: sold under the hammer
Bidders: one
Buyer: neighbouring tillage farmer
Lot four is a nine-acre holding and sold for €80,000 or €10,000/ac.
The fifth lot is just over nine acres. The land here is excellent quality and similar to the other smaller lots, it is under tillage.
Acres: nine
Opened: €90,000 or €10,000/ac
Put on the market: €155,000 or €17,200/ac
Selling price: €155,000 or €17,200/ac
Status: sold under the hammer
Bidders: three
Buyer: neighbouring tillage farmer
The fifth lot is just over nine acres and sold for €155,000 or €17,200/ac.
Lot four is a nine-acre holding and sold for €80,000 or €10,000/ac.
Over the last two weeks, the land market has been dominated by large residential farms in the southeast of the country.
The 212 acres for five lots near Kilcotty in Wexford was one of these stand-out properties. It sold at auction in individual lots on Wednesday for almost €2.8m or over €13,200/ac.
The farm was owned by the late John Quinsey. It was previously a beef, sheep and tillage farm.
The property is located circa 2km from Enniscorthy and stretches across the townlands of Kilcotty, Cooladine, Kilpierce and Baurela.
In front of an attendance of 80 people at the Riverside Park Hotel, Enniscorthy, Co Wexford, auctioneer Frank McGuinness of Sherry FitzGerald O’Leary Kinsella, offered the five individual lots to the auction room.
The first lot is located in Kilcotty and is by far the most comprehensive. Totalling 134 acres, it contains a residence and an extensive farmyard. The residence here is a four-bedroom traditional farmhouse. The land here is top-quality. It is in one compact block and is presented in an estimated 65 acres of grass and 65 acres in tillage.
Acres: 134
Opened: €1m or €7,500/ac
Put on the market: €1.45m or €10,800/ac
Selling price: €1.71m or €12,800/ac
Status: sold under the hammer
Bidders: three
Buyer: neighbouring tillage farmer
The first lot is located in Kilcotty sold for €1.71m or €12,800/ac.
The residence in lot one of the property.
Lot two is located in Ballybeg and Baurela. It is 44 acres in total with 35 acres of this in tillage.
Acres: 44
Opened: €300,000 or €6,800/ac
Put on the market: €420,000 or €9,500/ac
Selling price: €555,000 or €12,600/ac
Status: sold under the hammer
Bidders: three
Buyer: neighbouring tillage farmer
Lot two is 44 acres located in Ballybeg and Baurela. It sold for €555,000 or €12,600/ac
This parcel is 16.5 acres in total and is located in the townland of Kilpierce. This is a super piece of ground and currently is all under tillage in one large field
Acres: 16.5
Opened: €150,000 or €9,100/ac
Put on the market: €255,000 or €15,500/ac
Selling price: €280,000 or €17,000/ac
Status: sold under the hammer
Bidders: four
Buyer: neighbouring tillage farmer
Lot three: This parcel is 16.5 acres in total and is located in the townland of Kilpierce. It sold for €280,000 or €17,000/ac
This holding is also laid out in one field with extensive road frontage and is currently under tillage
Acres: nine
Opened: €80,000 or €8,900/ac
Put on the market: €80,000 or €8,900/ac
Selling price: €80,000 or €8,900/ac
Status: sold under the hammer
Bidders: one
Buyer: neighbouring tillage farmer
Lot four is a nine-acre holding and sold for €80,000 or €10,000/ac.
The fifth lot is just over nine acres. The land here is excellent quality and similar to the other smaller lots, it is under tillage.
Acres: nine
Opened: €90,000 or €10,000/ac
Put on the market: €155,000 or €17,200/ac
Selling price: €155,000 or €17,200/ac
Status: sold under the hammer
Bidders: three
Buyer: neighbouring tillage farmer
The fifth lot is just over nine acres and sold for €155,000 or €17,200/ac.
Lot four is a nine-acre holding and sold for €80,000 or €10,000/ac.
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