■ In England, values fell by 0.4%, primarily due to reduced arable land values in the East, supply was also lower with 16% less land offered than during the first quarter of last year.

■ Over the next three to four years we expect values to be much more varied than in the past five years, and depend greatly on location, quality and amenity.

■ Despite being in an uncertain period for agricultural returns, there are many compelling reasons that motivate farm ownership, as well as a wide variety of competing uses for this finite resource, which will continue to provide underlying support to amenity values.