Equestrian


Lifestyle and Ancillary Equestrian Ownership


Over 90 percent of equestrian properties serve primarily as homes rather than businesses, enhanced to a greater or lesser degree by the equestrian facilities on-site. Dependent on whether horses are a way of life or simply a hobby, there is a wide variety of potential requirements for equestrian properties, including the need for:


• Stables • Paddock(s)/land • Outdoor ménage • Indoor arena • Gallops • Self contained staff accommodation • Horse walker • Cross country course/fences • Access to public bridleways


These facilities potentially have a large land requirement. The average property size across


transacted properties with Hamptons International over the past five years is 12.3 acres, ranging from below one acre to well over 200 acres. As the primary use for these properties is as a home, the house itself takes centre stage. The average property size is around 4,500 sq ft, although Hamptons International recently transacted on a 15,000 sq ft estate.


The Typical Equestrian Property Purchaser


In order to understand the typical buyer of our equestrian properties, Hamptons International conducted a branch survey to build a buyer profile. The results suggest that the majority of buyers prefer to stay close to home when searching for an equestrian property, with 76 percent of buyers looking for an equestrian property within the region in which they currently live. This is just below the typical level for home movers in the wider property market and can be explained by the motives of many buyers; 14 percent came from London and nine percent from overseas. These two groups are motivated to a large degree by the desire to capture that traditional English countryside noted at the outset of this report.


The typical buyer is aged between 35 and 45, representing 58 percent of all equestrian property purchasers. This is perhaps unsurprising, as this age group


©Hamptons International 2011


is most commonly associated with the purchase of the ‘family house’ that could potentially deal with the needs of a growing family. Due to the typical cost of equestrian properties, it is also not surprising that nearly one-third of


buyers must hold off until at least their mid 40’s, when earning power makes this purchase a realistic possibility. The breakdown of purchasers by age group is shown in Graph 4 below:


Graph 4: Age Profile of Equestrian Buyers


35 - 45 45 - 60 60+


25 - 35 10 % 32 % 58 % 8 % Source: Hamptons International Research


www.hamptons.co.uk/equestrian


Age


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