Fisher German has just launched an Oxfordshire livestock and arable unit with stunning views.

Banbury-based Matthew Allen is handling the sale of Upper Lea Farm at Swalcliffe, five miles from Banbury, and said there was likely to be plenty of demand.

“It’s a good farm but at the end of the day it will probably be a residential person who buys it.”

The 305-acre farm includes a five-bed seventeenth Century house in need of modernisation and two cottages built in the 1960s. There is also a range of traditional buildings with conversion potential.

Mr Allen, who has priced the farm at £3m for the whole, said he had decided not to lot it because it sat so well in its ring fence and splitting it up would diminish the impact of its setting.

“It’s in a fantastic spot on the Cotswold side of the M40, which is the right side.”

He said the best views were from the top of Jesters Hill, a local landmark that was used as a beacon site during the 50th anniversary of VE Day and also hosts Easter-egg rolling races.

Very few farms had come up for sale in Oxfordshire this year, said Mr Allen and £3500/acre was now a benchmark for decent arable land.