Assuming no air resistance, and I aim upward at a 45 degree angle, by the time the ball has gone 100 feet forward, it would be 100 feet high, with no gravity. Gravity pulls it down at the rate of 16 feet per second squared, so if the fence is 20 feet high, it could fall 80 feet and still make it over the fence. So solving for t in 16t^2=80, t = the square root of 5, or about 2.24 seconds. Then figure the horizontal speed. But the racquet is going at a 45 degree angle, so figure it's speed. Let's say about 42 mph.
We've left out air resistance, so you'd have to hit it harder than that. As an estimate, I'd say you have to swing your racquet at nearly 50 mph in order to hit a "home run" and have it go over the opposing fence.