Home | The Athenry Journal (1995–2004) | Magazine | Chronicle | Education, Farming, History

The Galway Mercury November 1849 (during the Great Famine) contains the following statement. “On the 18th instant, at Athenry, Mr. Thomas Connell, auctioneer, put up for sale, by auction, several lots of land, the property of Lord Oranmore, in that neighbourhood, but now under the courts. We would here observe, those lands were held by the late tenants at from 20s. to 34 shillings per acre, for the greater part of which a single bid could not be got.

The following is the order in which they were put up for: 8 1/4 acres, knocked down for 31 (Shillings) per annum; 10 acres, no bidders; 10 acres, knocked down at 41 per annum; 9 acres, ditto, 10 acres, no bidders; 5 acres, no bidders; 10 1/2 acres knocked down for 21s per annum; 20 acres, no bidders; 74 acres knocked down for 81s. per annum; 54 acres, no bidders; 35 acres, ditto; 34 1/2 acres, ditto”.


Editor’s note: The British pound has lost 98% its value since 1948 
Updated: November 14, 2023£100 in 1948 is equivalent in purchasing power to about £4,483.84 today, an increase of £4,383.84 over 75 years. The pound had an average inflation rate of 5.20% per year between 1948 and today, producing a cumulative price increase of 4,383.84%.

This means that today’s prices are 44.84 times as high as average prices since 1948, according to the Office for National Statistics composite price index. A pound today only buys 2.230% of what it could buy back then. 
The inflation rate in 1948 was 7.61%. The current inflation rate compared to last year is now 6.70%. If this number holds, £100 today will be equivalent in buying power to £106.70 next year.

– –

Written by To be confirmed!

Published here 19 Nov 2023 and originally published Spring 2004

– –

The Athenry Journal

The Athenry Journal

The Athenry Journal was founded and edited by Finbarr O’Regan (and later Conrad… Here some recent records:



The Cahalans of Castle Ellen
The Cahalan Family, who came from Cork originally to herd for the Lamb… by Finbarr O'Regan
Lamberts of Athenry Archive | Education, History, People


Many thanks to all our writers, researchers and contributors who have made this collation of writing a meaningful historical record. If you would like to add an article, news, thoughts, opinions, photos or anything else to the Athenry.org Library please contact our Editor, Finbarr O’Regan at: oreganathenry@gmail.com

About the project

Find out how it all began and meet the editor.


Community links

Links to our pick of local community places.


Other publications

Recommended good reads by other local writers.


Letters to the editor

Comments, reviews and letters from readers.

Carnaun School Athenry

Carnaun school

The legacy website created by Finbarr’s students.

© 2023 O’Regan’s Athenry Archive | Copyright | Contributors | Privacy | Cookies | Login | A Follyfox Design