A compact 40-acre parcel at Killina, Rahan, Co Offaly, sold at auction last week for €290,000. Peter Scully of GVM Auctioneers, Tullamore, said a decent crowd of 20-25 people attended, with two active bidders.

The farm, which is in one block, is currently under grass and includes livestock accommodation. Bidding opened at €230,000 and increased steadily before being knocked down to a farmer about 10 miles down the road for €7,250/acre.