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Stapleton Castle occupies a commanding position on the hill overlooking Presteigne.
It has no public access, due to the perilous state of the ruins.
The school survived many vicissitudes of fortune, no doubt it closed during outbreaks of plague in 1593 when some 350 died in the town and during the outbreaks of 16 when hundreds more perished.
The school building itself was destroyed in the great Presteigne fire of 1681 along with much more of the rest of the town.
It is thus a very old school and we can perhaps realise its age better if we remember that it was founded in the reign of Queen Elizabeth the First, the year after Shakespeare was born and 23 years before the defeat of the Spanish Armada.
John Beddoes was a wealthy woollen manufacturer or 'clothier' and he provided for the establishment of a Free Grammar School in Presteigne 'to bring up the youth ..... The school was to be maintained from the rents of certain properties in Presteigne and the neighbouring parishes.
Of the original endowment, 73 acres remain to provide an income for the school today.
Presteigne, with an overall average price of £188,218, was similar in terms of sold prices to nearby Knighton (£194,877), but was more expensive than Llandrindod Wells (£135,814) and cheaper than Hay-On-Wye (£288,480).
In the past year house prices in Presteigne were 6% down on the year before and 6% down on 2014 when they averaged at £199,563.