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Valor: valuation of the Estates of Philip, Lord Wharton, 1605
Source: Cumbria Record Office, Carlisle, D/Lons/L5/2/24/1, p.318,
A 'valor' is a summary valuation of a manor, laying out the income and expenses with a view to showing how much profit a manor could be expected to provide. Valors were based on information in manorial accounts.
The Wharton family’s extensive landholdings in northern England had been built up by Thomas, first Lord Wharton (d. 1568) in the mid-16th century. This extract is the first part of a full valuation of the Wharton estates in 1605. It gives a global figure for the income from each manor, followed by a statement of allowances and outgoings against this income. The grand total value of the estates was put at £2,107 11s 43/4d, against which were set allowances totalling £723 6s 5d, giving a clear annual value of £1,384 4s 113/4d. The Westmorland estates were valued at over £440, the most valuable manors being Ravenstonedale (£118 7s 9d), Shap (over £84 if the leased demesnes are included) and Tebay (£51 3s 21/2d). The sums for each manor represent the total rental income from the tenants, together with other sources of income (‘noltgeld’ or cornage, rent from mills, etc) as noted.
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