Lead designer Ted Timmins described how the team "brought a modern touch to the old and out dated side scroller".

The player plays as one of 12 characters from across the four Fable games and are presented in a hero doll form which are a recognisable item from the series.

The game features up to 4 player co-op through Xbox Live or through local multiplayer as well as online leaderboard and time trials for competitive play.

In the game the player journeys through Albion and fights against familiar foes and new enemies to collect coins that are used to unlock new items and characters in Fable Heroes as well as Fable: The Journey, there are also boss fights in the game as well as smaller enemies which are fought in groups.

Fable Heroes was started during the "Creative Day" that Lionhead Studios holds every year, where anyone in Lionhead can show an idea for a game, the game was accepted and a small team of 5 people, led by lead designer Ted Timmins, began work on Fable Heroes in early 2011.