As a rare medieval survival, it is both a Grade I listed structure and a Scheduled monument.

[2] The Monmouthshire antiquarian Sir Joseph Bradney, in his multi-volume A History of Monmouthshire from the Coming of the Normans into Wales down to the Present Time, described it as a "singularly well-preserved stone, the head and shaft being hewn out of the same piece.

"[3] The cross was the subject of Article 452 in the series Monmouthshire Sketchbook by the author and artist Fred Hando for the South Wales Argus between 1922 and 1970.

[7] Elizabeth Harcourt Mitchell, in her study, The Crosses of Monmouthshire published in 1893, also notes that Croes Llwyd is the only wayside cross in the county which retains its carved head, suggesting that its survival was due to the absence of figurative carving.

; he attributed his misfortunes to having sacrilegiously taken possession of the cross, so carried it out of his garden and cast it down on a piece of waste ground".