The latest research from LandSale, the property portal dedicated to land and rural property, has found that those inspired to enter the equestrian world following Royal Ascot this week will need a budget of £1.265m in order to get started, with the South East home to the largest proportion of equestrian investment opportunities in the current market.
LandSale analysed its own internal data of live property listings, identifying all equestrian properties currently advertised across its platform and assessing average values, acreage and market availability across Great Britain.
The analysis shows that the average equestrian property currently on the market is listed for £1,265,313 and sits on 12.4 acres of land. Based on current market values, buyers are paying an average of £102,041 per acre, compared to £78,228 across the wider market.
Equestrian homes also command a significant premium when compared to the wider market. Whilst the average property opportunity currently listed on LandSale is valued at £883,972, equestrian properties carry an average asking price 43.1% higher.
When it comes to availability, there are currently an estimated 2,638 equestrian properties listed across Great Britain. The South East is home to the largest share of opportunities, accounting for 500 listings, or 19.0% of the national total, meaning almost one in every five equestrian properties currently available can be found within the region.
The South West ranks second with 464 equestrian properties available, equivalent to 17.6% of all opportunities currently on the market. Wales places third, accounting for 13.8% of all equestrian property listings. Together, these three regions account for more than half of all equestrian opportunities currently available across Great Britain.
Further down the rankings, the West Midlands accounts for 10.8% of all equestrian listings, followed by the East of England (9.5%) and East Midlands (9.1%). At the other end of the scale, London is home to just 11 equestrian properties, accounting for 0.4% of all opportunities currently advertised.
Founder of LandSale, Adam Morris, commented:
"Events such as Royal Ascot help shine a spotlight on Britain's longstanding connection with equestrian lifestyles, but what many people don't realise is just how extensive the equestrian property market remains across the country.
The average equestrian property now carries a price tag of almost £1.3m and commands a substantial premium over the wider market. That's not simply because of the homes themselves, but because buyers are often purchasing larger plots of land, specialist facilities and access to a lifestyle that remains highly sought after.
However, what's particularly encouraging is the breadth of opportunities still available across the country.
Whether it's private stables, paddocks, riding facilities or simply the appeal of owning a larger rural property, demand for equestrian homes remains remarkably resilient and there is still a healthy supply of opportunities available for those looking to make that dream a reality."
