21a Kilkenny holding fetches almost €35k/acre at auction
A 21-acre plot of land in Kilkenny, Ireland, sold at auction for €710,000, reaching a record price of nearly €35,000 per acre. The sale saw intense competition between three bidders, reflecting high demand for agricultural land in the region.
Why it matters
The sale highlights the significant appreciation of agricultural land values in Ireland, which impacts the rural economy and farming viability.
Marked aerial photo of the 21-acre farm sold at auction, Caherlesk, Kilkenny.
At the Clubhouse Hotel in Kilkenny City, an auction resulted in a record land sale that echoed an exceptional auction result in Kerry in the same week.
The roadside holding consisting of 20.7 acres of excellent quality land made an astonishing €710,000.
“That’s almost €35,000 per acre,” said auctioneer Pat Gannon afterwards.
“There was no house on it – just the lands with a few outbuildings.”
The farm buildings included a three-span haybarn with lean-to, two four-span round-roofed sheds with lean-to, a collecting yard and a cattle crush.
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