An iron furnace was previously located near Moat Farm. Thought to have been built in c.1553, and probably ceased working by 1664 on the basis of documentary evidence. Large quantities of black earth and iron slag had been found in the area including in the remains of a pond bay and in the wood formerly known as Furnace Shaw. During excavations at the site in 1976 the tail-race of the water wheel was found as well as stonework and furnace lining suggesting the furnace had been previously demolished and used as backfill. The remains of streams (possibly overflow channels), a water system and a working area were also identified.