There was plenty of action in the land market in Co Meath last year.
The average price rose by 5% to €18,543/ac, one of the highest averages in the country. The increase was €874/ac.
Our report examined 78 farms that were placed on the market, down from 97 in 2024. These was a range of sizes, land types and farm enterprises.
We sought selling prices for agricultural land used for grazing, silage and tillage and our calculations were carried out on 40 holdings that sold by year end, up from 35 the previous year.
The holdings that sold did so in the range of €5,000/ac to €33,333/ac.
The most active buyers were business people and dairy farmers, with tillage farmers also involved.
Among the interesting sales, Coonan Property sold a 43.4ac farm with a cottage and a derelict house at Piercetown, Dunboyne. This farm was located close to the M3 motorway. It sold in lots for €2.242m, equal to €51,658/ac. We used only the land value in our calculations.
Poultry farm
Raymond Potterton Auctioneers sold a modern poultry farm on 70ac at Mylestown by auction for €2.27m or over €32,000/ac. The holding had accommodation for 30,500 laying hens.
Colliers and Gore Grimes Solicitors sold 74ac with a derelict house at Nobber at auction for €1.8m – double its guide price. It sold in the entire to a local farming family.
Watters sold a fine 40ac farm with a traditional, two-storey farmhouse for €1.2m, while James L Murtagh sold a 44ac tillage field at Knightsbrook, on the edge of Trim for €900,000, or €20,454/ac.
In Kilmessan, REA Thomas Potterton had Knockgrange House on 115ac on its books, which sold at auction for €1.975m to a business buyer. The house required a full refurbishment.
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