The Wood family were living at Lewtrenchard by around 1500. Wood’s grandfather, John, owned over 2,000 acres in Devon and Cornwall, including two manors, when he died in 1586. John was succeeded by his infant grandson William, Wood’s elder brother, who died childless sometime between 1605, when he made over to Wood the minor estate of Trevillet in Tintagel, and 1620, when he was omitted from the pedigree which Wood drew up as head of the family.
Although Wood possessed comparatively little property in Cornwall, he enjoyed kinship ties with several of its prominent families, including the Godolphins, Trelawnys and Carnsews, the last of whom were based just a few miles from Tintagel.
Wood’s final years were marred by financial difficulties. In about 1617 he came to the rescue of his sister Dorothy, whose spendthrift husband Robert Vigures was threatening to sell her jointure estate. Wood prevailed on Vigures to entrust him with £1,000 from the profits of this sale, on which he would pay interest, thereby guaranteeing his sister a steady income. However, this deal placed a heavy strain on Wood’s estate, and it may have been in this context that in November 1617 he undertook to pay a £400 debt owed to the Crown by a third party. His expectation was that, having himself obtained the capital sum, he would enjoy the money while satisfying the Exchequer by means of easy annual instalments of £10.
