
This is a Group Class. Responsibility for implementing the scheme as set out within this Practice Note lies with the Group as does responsibility for ensuring effective co-ordination
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For further information see Rating Manual - Volume 2, Section 1. The R2005 Special Category Code 229 should be used. As a Group Class the appropriate suffix letter is (G).
The purpose of this Practice Note is to set out costing information and other valuation material appropriate for this class of property in respect of the R2005 Revaluation. This PN should be read in conjunction with the main Section.
Although discussions with the industry have not taken place, the National Trainers Federation is thought to be represented by Messrs Hutton Simpson of Micheldever, Winchester. Messrs Marriotts of Faringdon, Oxon, are also instructed by a large number of trainers.
From limited information, the following costings have been derived:
1. Sand
2. Wood Chip
For these, pricing in the range £10,000 – 15,000 per furlong may be adopted for basic tracks using these two coverings. However new developments in the use of these materials may well increase the pricing to the £20,000 - £25,000/furlong range.
3. Fibresand/Equitrack
4. Polytrack
Whilst these surfaces are superior to sand/woodchip, the costings evidence is variable. A recent contract at Middleton for the installation of a 5-furlong track (apparently to a normal width, with a base and topping courses, using an equitrack/ polytrack surface, comprising oiled chopped rubber fibres and other materials in a silica/Vaseline coating) was costed out at £10,000/furlong (or around £45 per lineal yard or around £15/m2). In contrast, other information suggests that by varying the specifications and quality of the top covering, the cost could rise to as much as £35/ m2 for the very best all weather gallop.
The concrete base should be costed at around £50/m2. For surrounding fencing, adopt £15-18/m for three-rail timber and £18-20/m for plastic rails and posts.
The electric motor and turning frame are not rateable.
A typical cost for sand base, chipboard side panels and asbestos roof will be £70-80,000, but for felt roof and plywood sides the costs will increase to £80-90,000.
The best quality covered rides will have profiled metal sheet claddings and good timberwork, and will cost in the order of £90-100,000.
If Equitrack is used instead of sand, add £10,000, with a further £10,000 added if the track is watered by automatic or fixed sprinkler systems.
Type 1 - circular, about 15m diameter and 3m depth with central island and ramped access, tiled sides to pool and painted base, non-slip rubberised surface to ramp slope and walls and dwarf walls at the sides of the ramp. With all necessary pumps, fill gear, filters, drainage sumps, safety rails and covers adopt £100,000 (plus fees at 10%), with a suitable location factor adjustment.
Type 2 - semi circular with ramps in and out, fully tiled walls and base, but otherwise as type 1, adopt £75,000 (plus fees at 10%), with a suitable location factor adjustment.
A further addition will be required if the pool has a permanent cover or is situated within a building or structure.
A tiled floor finish around the pool, in lieu of concrete, will add around £40/m2 to the costs of the flooring.
Solariums and heating/drying areas for the horses will need to be considered separately.
Advice on building costs can be obtained from John Gresham, the Building Surveyor in Cambridge.
