Arrow with Weethley parish falls under the local government district and parliamentary constituency of Stratford-on-Avon, and the Church of England Diocese of Coventry.

In 1086 Fulk held the estate, but it later passed to one of the second Earl of Leicester's officials, Ralph le Boteler, who built a castle, or more likely wooden stockade, there, making it his principal seat.

In the middle of the 12th century the Earl and Ralph jointly founded the monastery of Alcester, and granted to it lands in Oversley, in 1140.

On the death of William le Boteler in 1369 without male heirs the manor passed to his daughter Elizabeth, wife of Sir Robert Ferrers.

After Cromwell's attainder Henry VIII granted Oversley, in exchange for lands in Bedfordshire, to Sir George Throckmorton of Coughton, who had been anxious to acquire it for several years.

In the village church is a statue of one of the Marquesses sculpted by Prince Victor of Hohenlohe-Langenburg, a nephew of Queen Victoria.

During the third series of the BBC drama Peaky Blinders the main character Thomas Shelby is shown to have made his fortune and moved out of the city to the fictional Arrow House (actually Arley Hall in Cheshire).