‘Worthless’ Lowry land still worth at least €100k

Michael Lowry has said he did not declare a 22-acre land asset in England because it was “worthless”.

“It’s land that’s totally overgrown. It’s not useful for anything unless it’s rezoned, it has no value as it stands,” he said in a radio interview last week.

But when the Irish Examiner looked to buy the site, it was told an offer of £300,000 an acre (€6.7m for the entire site) would be cheap considering it could fit up to 216 houses.