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I already covered over priced areas in my previous post, and the south west squarely falls into that category.
Frankly if you have 500 or more acres in that area and you aren't already making bank from farming then you would be an utter, complete moron not to sell for the £10m+ that you would net from the sale. Any of these premium areas have a far higher return on diversification due to increases in tourism and rich fuckers prepared to pay for farm shops, glamping, etc.
You could even buy a similar sized farm in a cheaper area and bank half of it. Plenty of farmers selling up as they have no family who wants to take it on.
Taxation on the rich should be both on salary and on assets, especially assets that appreciate like land, otherwise we end up with the rich owning everything. The rich have massively larger purchase power than everybody else even if they were taxed fairly. We have to start somewhere with reversing that.