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Stourbridge newspaper magnate's palatial home up for sale
4:02pm Tuesday 6th August 2013 in News
THE SPRAWLING former Norton residence of eccentric newspaper magnate Eric Moody is up for sale with final bids to be in by next Monday.
The well-known Stourbridge businessman, whose empire included the County Express newspaper and Mark & Moody stationary store, died aged 99 last year, leaving his palatial home to Oriel College in Oxford.
The college is selling off the site, a 2.6 acre plot in Whittington Road, through Manchester agent Gerald Eve. It is expected to raise around £2m.
The gated property, a barn converted in 1987 to Mr Moody’s design, with buildings set around a central atrium, has fallen into disrepair since his death.
It is being billed by Gerald Eve as having C3 development potential to become a home, small business, housing for the elderly and disabled or C2 development - a category which covers schools and colleges.
Mr Moody, a Bentley-driving businessman, who stood at six foot three, could often be seen around Stourbridge in his trademark black cape and was known for his dry sense of humour.
He took up rowing wile an undergraduate at Oriel College and became a prominent member of the world’s most famous rowing club - the Leander at Henley.
Mr Moody, who never married and had no children, left Oriel College in 1935 with an honours degree in modern history.
He was a member of Stourbridge rotary club, which was founded by his father in 1922 and was also a trustee of Old Swinford Hospital school from 1948 to 2009.
His mother Mary Moody became the world’s oldest company chairman and still attended Mark & Moody’s annual board meetings until her death in 1985, aged 104.
The County Express was sold and became the Stourbridge News. There is no official guide price for the property, known as Norton Close, as Oriel College is an official charity.
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