Early Stow-on-the-Wold, originally called Stow St Edward or Edwardstow after the town's patron saint Edward, probably
Edward the Martyr, is said to have originated as an
Iron Age fort on this defensive position on a hill. There are other sites of similar forts in the area, and
Stone Age and
Bronze Age burial mounds are common throughout the area. It is likely that
Maugersbury was the primary settlement of the parish before Stow was built as a marketplace on the hilltop nearer to the crossroads, to take advantage of passing trade. The name Stow derives from the
Old English stōw meaning 'place'. Originally the small settlement was controlled by
abbots from the local
abbey, and when the first weekly market was set up in 1107 by
Henry I, he decreed that the proceeds go to
Evesham Abbey. In 1476,
Edward IV replaced that with two 5-day fairs, two days before and two days after the feast of
St Philip and
St James in May, and similarly in October on the feast of
Edward the Confessor (the saint associated with the town). The aim of the annual
charter fairs was to establish Stow as a place to trade and alleviate the unpredictability of the passing trade. These fairs were located in the
square, which is still the town centre. This battle took place one mile north of Stow-on-the-Wold. After initial royalist success, the superiority of the parliamentary forces overwhelmed and routed the royalist forces. Fleeing the field, the royalists fought a running fight back into the streets of Stow, where the final action took place, culminating in surrender in the market square.
Modern As the fairs grew in fame and importance, so did the town. Traders dealing in
livestock added many handmade goods, and the
wool trade was always prominent.
Daniel Defoe reported in the 18th century that 20,000 sheep were sold in one day. From the mid-19th century, the
Talbot Hotel was the venue for corn merchants carrying out their trade. Most of the buildings around the market square dated from the 18th to 19th century including St Edward's Hall (the present-day library). However, there has been controversy surrounding Stow Fair. The many visitors and traders have attracted more vendors not dealing in horses. Local businesses used to profit from the increased custom, but in recent years most pubs and shops close for 2–3 miles around due to the risks of theft or vandalism. ==Governance==