These are the rules given by Eurostat when it asks to report locations of holdings. Locations are reported with rounded coordinates and in certain cases by applying an additional semi-random offset. I don't know if they give a good rule of thumb but at least these rules are used by a well-known European authority.
Concerning the location of the holding two principles are applied: (i)
precise coordinates are not required; and (ii) a location with just
one holding will be recoded.
(i) precise coordinates are not required: the longitude and latitude
coordinates will not be required in terms of seconds or decimal
fractions of minutes. It will be necessary to provide the location
only to the nearest 5 minutes, which represent a land area of
approximately 3,000-7,000 ha, depending on the location in Europe.
ii) a location with just one holding will be recoded: It is possible
that in areas with very large holdings, the location specified to the
nearest 5 minutes longitude and latitude may contain only one holding
which would therefore be directly identifiable. To ensure that direct
identification cannot take place, the locality with only one holding
should be allocated to the nearest neighbouring point (chosen at
random) with at least one another holding. If any of the 8
neighbouring locations do not have at least one holding, the
neighbouring locations have to be extended until others are located
with at least one other holding. However, whenever it is possible the
agricultural holding should be allocated to the NUTS 3 region where it
is situated.