...
The stables were supplied from a cable I don't recall seeing before (see picture). It is a 20mm almost solid pvc cable with a solid core conductor. They had used one for the live and one for the neutral so there were two cables running the 40m to the stables.
...
As Brianmoooor said, that's electric fence cable. From the look of it, it's the cheap stuff which has a galvanised solid steel core. The CCA is usually about 1.5mm. Although insulated to HV levels, no way is it suitable for LV ac mains. It was probably found in a shed.
I'd say replace the whole installation, or walk (run?) away