and estate) was valued at around £40,000, which is equivalent to about £38 million today. The land boundary of this reference is unknown, but would be assumed to be the widest possible extent. According to the Valuation Rolls, in 1855 Lord William Douglas owned 28 properties. A few years before he died in 1859, he built Dunino church and rebuilt the school into a much larger new building suitable for 90 children. In 1872 when Walter Douglas assumed title, 44 properties were listed, with further properties inherited but left untitled (it cost money to register title, and inherited land was yours anyway). In addition to purchasing Eastern Grangemuir in 1873, he built many more properties on his land and in the 1895 roll, some 64 properties were listed not including properties inherited but untitled, most of which were earning rents from tenants. Grangemuir reported annual revenues to the Treasury of £5298 in 1880, which was equivalent to about £3,917,000 in 2016. Financial problems appear to have begun to beset the family from around the Long Depression (1870s) onwards. Land area owned did not increase after 1873. Probate for Walter Douglas who died in 1901 valued his effects at £3,709 and real estate at £56,860, which is equivalent to about £2,224,000 and £34 million in 2016. However, he had a loan secured against the property for £32,013, so his total estate (in modern terms, in those days only rents from real estate counted towards probate) was £28,556, which is equivalent to £17 million in 2016. The May 1920 auction mentioned earlier had upset prices for the fifteen lots total to £53,900 (around £11.9m today), but as mentioned earlier most of the lots could not sell at their reserve price, so this is surely an overestimate of their value at that time. Other land owners nearby experienced significant loss of value according to the Land and Property registry, with probates showing up to a two thirds loss of value between 1924 and 1945. Reportedly, the eldest son and heir of Walter Douglas, William Keith Douglas-Irvine, required to have a trust set up to take care of him until the end of his life in 1957, and when his next eldest brother Henry Douglas took possession of that trust, only £20,000 remained (equivalent to about £1,303,000 in 2016). Family photographs References External links The lineage from THE ROYAL AND NOBLE FAMILIES OF BRITAIN