[3] The new building was designed by John Luker of West Dulwich in the Gothic Revival style, built by local contractors, Isaac and James Wheeler, in rubble masonry at a cost of £1,400 and was officially opened by the Member of Parliament, John Walter, on 29 December 1863.

The left hand bay featured an arched doorway, with a quatrefoil in the tympanum and a moulded surround, flanked by statues on pedestals.

The Gloucester Road frontage extended along the street with a further five bays all containing tri-partite segmentally-shaped windows with dividing shafts and ornate bosses.

[7] A single storey building behind the corn exchange, which had been commissioned the Faringdon Trustee Savings Bank, was acquired by the Faringdon Corn Exchange Company in 1889, and subsequently leased to the local freemasons as a meeting place for the Vale of White Horse Lodge.

[8] The use of the main building as a corn exchange declined significantly in the wake of the Great Depression of British Agriculture in the late 19th century.