Average Price Of Wicklow Farmland Rises By 24%.

The Irish Farmers Journal publish its 15th annual Agricultural Land Price Report today.

Today, the Irish Farmers Journal publish its 15th annual Agricultural Land Price Report, a comprehensive breakdown of agricultural land prices in each county. In Wicklow, the average price of farmland rose by 24% to €12,279/ac. The report also noted that the most significant price increase was seen in Clare (+94%). Across the Republic of Ireland, the average price of land in 2021 was €11,966/ac.This was an increase of €1,650/ac (+16% on 2020, +33% on 2019). This is the highest land price figure recorded since the financial crash of 2008. The average farmland price fell in five counties: Donegal, Kildare, Longford, Mayo and Waterford. The lowest average price was in Mayo at €4,813/ac. Business people were the biggest buyers, taking approximately 40% of the farmland sold. This category is made up of buyers with non-farming income and thus includes part time farmers, business people with an interest in farming and other investors not connected with farming.